BREAKING NEWS

Ethiopia plans power exports to neighbors

By REUTERS

JUNE 29, 2011 16:20

ADDIS ABABA - Ethiopia plans to sell power to Sudan, Yemen, Kenya and even Egypt, with whom it is at odds over the Nile's waters, as it ramps up power production to become a major exporter in the continent, its utility said.

It aims to produce 20,000 megawatts (MW) of power within the next 10 years, part of a plan to spend $12 billion over 25 years to raise power generating capability.

Ethiopia is also building a 5,250 MW dam along the Nile, while six other projects are either planned or under construction with an aggregate capacity of over 5,000 MW.

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