Ethiopian Electric Power intends to undertake multiple projects as part of its three-year strategic plan.

Among the plans, sixteen projects are aimed at modernizing the company’s operations and ensuring the efficient use of resources. These projects will require up to ninety-six million US dollars for implementation.

The planned thirty-three transmission and substation projects will require a capital investment of 767 million US dollars.

During the strategic planning period, private investors will develop projects that will generate 775 MW of energy from five solar projects and 825 MW from six wind projects.

The capital required for projects developed by private investors is estimated to reach 1.5 billion US dollars.

Despite these efforts, the country’s low tariff rates do not cover the costs of operation and maintenance. This situation not only hinders implementation but also a challeng to attract private developers.