Ethiopia Gets $224.3 Million Funding for Power Lines
Under a five-year plan, Ethiopia, which suffers from intermittent blackouts, plans to quadruple power generation to at least 8,000 megawatts and expand electricity coverage to 75 percent of the population from 41 percent now. A lack of transmission lines is hindering attempts to export power, the state-owned Ethiopian Electric Power Corp. said on Dec. 8.
The Tunis-based African Development Bank will lend Ethiopia 61 percent of the funds and donate the rest, Barrow said.
The project, which will see 948 kilometers (589 miles) of 230-volt cables laid, is scheduled to finish in Aug. 2013, Barrow said. Eight new sub-stations will be built and another 11 upgraded under the plan, he said.