By our staff reporterThe Ethiopian Electric Power (EEP) has decided to independently complete the Aysha II Wind Farm project, which was initially funded by the Chinese Export-Import (Exim) Bank. Signed approximately nine years ago, the project was financed by the Chinese Exim Bank, according to Moges Mekonnen, head of public relations at EEP. EEP leadership has now decided to use its own resources to complete the remaining portion of the project. According to Moges, EEP management has been tasked with allocating funds from the power purchase agreement with Tanzania to carry out the project. Dongfang, a Chinese giant, is experienced in Ethiopian power projects, having previously worked on various electromechanical projects, including hydro projects.

Source: Ethiopian News November 22, 2024 08:49 UTC