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March 27, 2015 6:31 AM ET

Electric Utilities

Company Overview of Ethiopian Electric Power Corporation

Company Overview

Ethiopian Electric Power Corporation engages in the production, transmission, distribution, and sale of electrical energy. Its projects include hydro, transmission construction, wind, geothermal, IT projects, and waste to energy projects. Ethiopian Electric Power Corp. was formerly known as Ethiopian Electric Light and Power Authority. The company was founded in 1948 and is based in Addis Ababa, Ethiopia.


Besides Ethiopia Cinema

Addis Ababa,  


Founded in 1948





Key Executives for Ethiopian Electric Power Corporation

Chief Executive Officer, General Manager, Secretary and Director
Acting Deputy General Manager of Finance
Deputy General Manager of Operation
Acting Deputy General Manager of Human Resources and Services
Deputy General Manager of Engineering
Compensation as of Fiscal Year 2014.

Ethiopian Electric Power Corporation Key Developments

Toshiba Corporation Concludes a Memorandum of Understanding with Ethiopian Electric Power on Geothermal Power Generation

Toshiba Corporation announced that the company has concluded a memorandum of understanding (MOU) with Ethiopian Electric Power on a comprehensive partnership in geothermal power that will see the parties collaborate in power generation projects and personnel development. Through the partnership with Ethiopian Electric Power, Toshiba will draw on its long-standing experience and expertise in geothermal systems to contribute to projects in Ethiopia. More specifically, the company will develop and manufacture major equipment, create operation and management guidelines, cooperate in personnel development, and start a waste heat utilization business.

Ethiopian Electric Power Corporation and Energy Ventures Wins Contract by the Ethiopian Ministry of Water, Irrigation and Energy

Ethiopian Electric Power Corporation and Energy Ventures awarded the contract by the Ethiopian Ministry of Water, Irrigation and Energy and the Board of Directors of the Ethiopian Electric Power Corporation to build, operate, and transfer three 100-MW solar farms in Eastern Ethiopia. Solar PV Electricity generating systems are emerging renewable energy technologies and can be developed as viable option for electricity generation in future. This project also improve the provision of power supply in terms of quantity and quality through the enhancement of generation capacity mix of the Ethiopian national grid system and reduction of system losses and provision of alternative electricity green energy solution. The Integrated energy policy of Ethiopia envisages electricity generation installed capacity of more than 20,000 MW by 2020 and substantial contribution would be from renewable energy, resource.

Ethiopian Electric Power Corp. Signs $1.2 Billion Agreement with the China Electric Power Equipment & Technology Co., Ltd. for the Installation of High-Voltage Electric Transmission Lines

Ethiopian Electric Power Corp.(EEPCo) signed a $1.2 billion agreement with the China Electric Power Equipment & Technology Co. Ltd. (SGCC) for the installation of high-voltage electric transmission lines. The project will help connect the power generated from the Great Ethiopian Renaissance Dam (GEDR) to the national grid. Implementation is expected to be underway within a month.

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Ethiopian Electric Power Corporation Middle East/Africa

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