The state-owned power company reported earnings exceeding $61 million from electricity sales to Djibouti, Kenya, and Sudan over the past six months.
Moges Mekonnen, EEP’s communications director, revealed that the company surpassed its planned electricity generation for the first half of the fiscal year. While the target was 11,686 gigawatt hours, the actual output reached 13,504 gigawatt hours.
“EEP remains dedicated to both domestic and international power supply,” Mekonnen stated to Fana Digital, highlighting the company’s commitment to regional energy partnerships.
The export figures demonstrate strong regional demand for Ethiopian electricity. Djibouti received 274.2 gigawatt hours, generating $17.16 million in revenue. Kenya accounted for the largest share, importing 654.9 gigawatt hours, while Sudan received 26.6 gigawatt hours. The combined revenue from these exports reached $61.07 million.
In parallel with its export success, EEP has been actively engaged in infrastructure rehabilitation and expansion. Over the past seven months, the company completed 38,855 kilometers of preliminary maintenance work and 5,205 kilometers of reconstruction.
To address high electricity demand, 941 transformers underwent power upgrades, and 2,001 new transformers were installed. EEP also extended distribution lines by 7,060 kilometers, expanding access to electricity for more communities.
These infrastructure initiatives are crucial for ensuring a stable and reliable power supply within Ethiopia, supporting economic growth and improving living standards. The continued expansion of electricity exports also strengthens Ethiopia’s position as a key energy provider in the region.