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Power Utility breaks METEC’s supplymonopoly

Effectively ending the long-standing electric equipment supply monopoly that Metals and Engineering Corporation (METEC), the now failing military conglomerate, had over the state-owned power utility company, Ethiopian Electric Utility (EEU), for many years, it has openly issued invitations to local manufacturers this week to supply the products, The Reporter has learnt.

Rolling blackout pinches cement industry

The power rationing program that started in April is thwarting the productivity of the cement industry. The local cement manufacturing industry, which has been facing a myriad of challenges, has been hard hit by the power shedding program the state power monopoly, Ethiopian Electric and the Ministry of Water and Energy recently introduced.

Minister hints at indictments of former power officials, contractor

The Minister of Water, Irrigation and Electricity, Sileshi Bekele (PhD), hinted at the possibility of instituting a legal action, by the government, against the former officials of the Ethiopian Electric Power (EEP) and a contractor, over breach of the contractual agreement and the delay of the Repie Waste Energy Plant project construction whose capacity was said to have been halved by 50 percent from the original agreement.

LRT stalled for almost six hours

The Addis Ababa Light Railway Transit (LRT) operation was stalled for five hours and forty minutes until 10:40 in the morning because of employees’ strike.

Feasibility study to commence for 150MW power project

The Ministry of Water, Irrigation and Electricity (MoWIE) has inked an agreement with the Ethiopian Construction Design & Supervision Works Corporation to conduct a pre-feasibility and feasibility studies for the construction of a 150 Megawatt (MW) Wabi Hydroelectric power project in the Southern Regional State.

Sunshine to have stake in greening economy

Samuel Tafesse of Sunshine Construction and one of Ethiopia’s most successful businesspersons is set to build a solar park in Ethiopia. This follows the announcement made last year by Enel, an Italy-based corporation, of its intention to build a USD 120-million 100 megawatt solar park in collaboration Orchid Business Group.