CEO Message

Ato Ashebir Balcha

CEO Message

Ethiopia has been able to achieve rapid and continuous growth in the last two decades. Electric power has played an irreplaceable role in these development legacies.

The Ethiopian Electric Power has been accomplish many tasks in the past nine years since its establishment.

In particular, the construction of power generation plants is one of the major activities given to EEP to be carried out. In this regard, it is building various power generation projects from water, wind, solid waste and geothermal energy sources.

Among these power generation projects, the Gibe III Electric Power Plant, which was officially inaugurated and started operation in 2017(2009E.C). It also includes:

The Grand Ethiopian Renaissance Dam Project (92.1%),

The Koysha Power Generation Project (61.3%), and

The construction of the 500 kV Ethio-Kenya and 400 kV Genale Dawa III high voltage power transmission lines have been completed and started to be put into service.

Likewise, many power transmission lines and substation projects are under construction, which play a significant role in helping the generated electricity to enter the National Grid.

In addition to meeting the country’s energy demand, by supplying the surplus electricity to the foreign market, it not only makes it possible to earn a significant amount of foreign currency, but also increases the contribution to continental economic integration.

By performing these and many other activities, our company has been able to achieve the goal of increasing electricity supply to a high level.  Therefore, our institution is making great efforts to increase the power generation capacity of 5,200 megawatts by making the ongoing activities to be carried out in a better way.

In particular, in the field of energy development, local and foreign investors can work in partnership with Public Private Partnership (PPP) modality; policies and legal frameworks have been prepared and approved by the Council of Ministers and the House of Peoples Representatives.

Therefore, it is believed that the implementation of PPP will not only create more capacity for energy development in the sector, but also help to transfer knowledge and technology from the developers.

Accordingly, thirteen power generation projects were selected by the Public-Private Partnership (PPP) Board, and out of them, six solar projects were approved for tender.  The rest will be presented to the PPP Board for approval in the same manner.

Further, by carrying out detailed studies required for the development of wind power projects, identification of areas where sufficient wind power is available, survey and preliminary studies (Reconnaissance and Feasibility Studies) and preparation of tender documents are being carried out.

Therefore, I would like to point out that in order to achieve this broad plan, all the management members and employees of the institution need to adopt the corporate business mentality and develop a modern system by joining hands to build an institution that continuously learns and grows.