- Ethiopian Electric Power (EEP) earns more than US$13 million from exporting electricity.
- The state-owned utility supplied 232.76 million kilowatt hours of electricity.
The Ethiopian Electric Power (EEP) announced that Ethiopia had earned more than US$13 million from exporting electricity to neighbouring Sudan and Djibouti.
According to EEP, the amount generated was out of the planned US$18.55 million by supplying more than 349.56 million kilowatt hours of electricity to Sudan and Djibouti in the two months of the current Ethiopian fiscal year.
The state-owned utility has instead supplied 232.76 million kilowatt hours of electricity, cashing in 13.04 million US dollars, which amounts to 70.29% of the target.
112.36 million kilowatt hours of electricity was exported to Sudan for US$5.61 million, whereas 120.39 million kilowatt hours of electricity was exported to Djibouti worth US$7.42 million. The data shows that 12.29% more was exported to Djibouti than was the initial plan, whereas only 46.36% of the plan was sold to Sudan.