Ethiopia Nets $81.6 million from Electricity
Ethiopia has declared $81.6 million as revenue for the export of electricity in the just concluded fiscal year.
The Ministry of Water, Irrigation & Electricity has a projection to sell 1.5 billion kWh of the electricity to Sudan and Djibouti, but was however able to sell 1.4 billion kWh within the financial year.
The total earning from Sudan was $47.5 million, or 58.2pc, while $34.1 million was from Djibouti.
Presently, Ethiopia has the potential of generating 4,500MW of energy and a potential capacity to produce 45,000MW of hydropower, 10,000MW of geothermal and 1.3 million megawatts of wind power.