METEC fails to deliver Ethiopia’s 4.1 billion birr power project – New Business Ethiopia - News Summed Up

METEC fails to deliver Ethiopia’s 4.1 billion birr power project – New Business Ethiopia


Four years after the construction of Ethiopia’s 4.1 billion birr (around $150 million) Melka Sedi thermal power generation plant began, only less than 30% of the total project is completed. The construction of Melka Sedi thermal power, which is located in Amibara Afar Region 270 kilometers, was launched in Mid-June 2014. Even though additional seven months are given to METEC and Grace Engineering Company, only 28.32% of the project is completed, according to September 2018 EEP news bulletin. This is the second power project METEC failed to deliver next to Ethiopia’s biggest hydroelectric dam, Great Renaissance Dam (GERD). GERD, which so far consumed 98 billion birr, was supposed to be completed in five years when the project was launched in 2011.


Source: News Business Ethiopia December 31, 2018 08:15 UTC



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