M a r k e t N e w s

Ethiopia Gains USD 39.73 Million in a Month from Power Export to Kenya

Posted on : Friday , 21st April 2023

Ethiopia provided 58.01 percent of Kenya’s January import of electricity. The drought in Kenya forced the country to import a record 68.48 kilowatt-hours of power due to reduced local hydro-power generation. Ethiopia was able to gain USD 39.73 million from the export.

 

Kenya started importing power from Ethiopia in November last year after the 2 countries entered a 3 year power purchase agreement for 25 years. The price of 1KW is agreed to be USD 6.5 cents per hour.

 

During the first phase of the agreement, Ethiopia will export 65MW of electricity during off-peak hours and 200MW of electricity during peak hours. The second phase of the agreement will see the sale of 150MW of electricity during off-peak hours and 400MW during peak hours while in the third phase of the agreement, 400MW of electricity will be exported to Kenya at all hours.

 

Ethiopia has already signed memorandum of understandings with Somaliland, Tanzania, and South Sudan to supply electricity.

 

Source : www.abafnz.com
Featured Companies
  • dubaiexporters.com

Complete List  

Advertisers in previous issue:

  • GM Electricals is a competitive wholeseller of broad range of electrical materials and equipments
  •  Triveni Turbine Ltd. is a leading industrial steam turbine manufacturer, with a dominant market share of 58% in India.
  • South African incinerator and cremator designer and manufacturer making significant inroads into overseas markets.
  • Speco Ltd. is the leading manufacturer & supplier of Asphalt Mixing Plant, Concrete Batching Plant, Crushing Plant & Optimized Integrated Flue Gas Treatment System.
  • Used Machinery
  • Catering for the most varied industrial storage requirements.
  • We offers high quality, Competitive price and satisfied service always
  •  JS Electromec Ltd,(JSE Ltd) are registered Electrical contractors and Suppliers of Lighting and Power solutions for residential, commercial and industrial applications in Tanzania.
  • From a modest beginning in 1955, the IGP Group today provides over 50 products and services to the core sector.
  • Mini plants of toilet paper rolls production
  • Manufacturers & Exporters of hand tools, garden tools & leatheer tool pouches.
  • Bakery Equipment, Flour Mill, Bread Improver, Dried Fruit Processing machine
  • We have been at the forefront of plate heat exchanger technology.
  • IAC understand your system requirements, and can offer valuable input, be it design, consulting, training, or technical support.
  • Producing numerous types of welding consumables and welding machines for both the domestic and international market
  • Shenzhen City, Riland Industrial Co., Ltd. is China
  • Seco actively contributes to improving your productivity and competitiveness in metal cutting machining.
  • Anya energy limited is accredited with ISO 9001 certification for Quality Management System and our products are recognized and certified by Bureau of Indian Standards
  • Air Conditioning Hire
  • Multi feedstock batch processing biodiesel equipment
  • Kenya Engineer is a Journal of the Institution of the Engineers of Kenya
  • The trusted source for all your heavy  equipment needs!
  •  Magazine for Africa
  • YorPower Kenya was established in 2002. From our headquarters in Nairobi we sell Diesel Generators manufactured by our parent company,
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2025 Afrotrade