The Government of Ethiopia through its Office of the Public-Private Partnership (PPP) will launch the US$7 billion renewable energy and road development projects by July 2019.
The private company partners will finance, construct, operate and maintain the projects, and generate revenues from the operation of the assets.
The US$1.1 billion highway project composed of road development from Adama to Awash (125km), Awash to Mieso (72km) and Mieso to Dire Dawa (160km).
The 14 renewable energy projects include a mix of hydropower and solar schemes. The hydropower facilities include the US$1.2bn 424 MW Halele Warabessa project; the US$984 million 798 MW Dabus project; the US$793 million 469 MW Genale Dawa 5 project; and US$729 million 280 MW Chemoga Yeda 1 and 2 projects.
The solar scheme involves the development of eight photovoltaic (PV) facilities in Ethiopia. Each of the projects to be developed in Welenchiti, Weranso, Mekele, Metema, Hurso, and Metehara, among others, will have a generating capacity of 100 MW-150 MW
Country updates
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August 29, 2018
USTDA to fund feasibility study of geothermal project in Ethiopia
The U.S. Trade and Development Agency has awarded a grant to TM Geothermal Operations Private Limited Company (TMGO), an Ethiopia-based company, to coordinate a feasibility study supporting developmen...
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May 31, 2018
Denmark to finance wind project in Ethiopia
The Governments of Ethiopia and Denmark have signed a financing arrangement to support the 100 MW Assela wind farm, located on the edge of the Rift Valley, 150km nor...
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May 09, 2018
EEP has launched an invitation to bid for interested party to develop the hydro project
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 wit...
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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 has signed a Shareholders Agreement with Berkeley Energy with the increased stakes acquisitiion
