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EEP has launched an invitation to bid for interested party to develop the hydro project. The chosen developer will finance, design, procure, construct, commission, operate and transfer the project with a secured long-term power purchase agreement with the electric utility. Bidders are given until June 12, 2018 to participate in the process
List of the country updates
Country updates
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March 21, 2018
Ethiopian Electric Power has invited bids to design, build, finance, own and operate the project
Ethiopian Electric Power has invited bids to design, build, finance, own and operate the project. EEP will enter into a long-term Power Purchase Agreement (PPA) with the successful bidders for the entire capacity and electrical output of the projects
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January 18, 2018
InfraCo Africa doubles its commitment to the project from US$15m to US$30m of equity investment
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January 18, 2018
InfraCo Africa has signed a Shareholders Agreement with Berkeley Energy with the increased stakes acquisitiion
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December 22, 2017
PPAs signed for US$4 billion geothermal projects in Ethiopia
Ethiopian Electric Power (EEP) has signed power purchase agreements (PPAs) with Corbetti Geothermal Power regarding two 500 MW geothermal projects in the Main Ethiopian Rift Valley ...
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October 23, 2017
Enel, acting through a consortium led by its renewables arm Enel Green Power (“EGP”) and including leading Ethiopian infrastructure company Orchid Business Group, has been selected as the preferred bidder for the project following a solar tender launched by local utility Ethiopian Electric Power (“EEP”) within the framework of the country’s Growth and Transformation Plan (“GTP 2”)
