|1.||Import and Export of electrical energy||----Reserved for joint investment with the government|
|2.||Transmission & distribution of electrical energy through integrated national grid||----Reserved for domestic investors|
|3.||Large Scale Generation||----Open to foreign investors on IPP model|
|4.||Off-grid energy generation, distribution and sales||----Open to foreign investors|
The Ethiopia-Russia Energy Summit will be organized by Explore Ethiopia – a business development agency that works in Addis and in Moscow – in partnership with:
• Intergovernmental Commission “Ethiopia Russia”
• Embassy of Ethiopia in Russia
• Embassy of Russia in Ethiopia
• Committee on economic cooperation with Africa (AfroCom)
• Russian Chamber of Commerce/ Afrocom • Russian Ren
The event will be moderated by Professor Vassily Zubakin of Gubkin University with an objective of exploring business opportunities for Russian companies in Ethiopia's energy sector. Officials and dignitaries from the two countries are expected to attend.
The event will take place on 29 September 2020
Ethiopia has finalized preparations to commence the first phase of public-private partnership (PPP) program by launching the construction of two solar projects in the coming two months, Ministry of Finance disclosed.
In an exclusive interview with ENA, Ministry PPP Director-General Tilahun Tadesse said the country kicked off its first ever public-private partnership (PPP) program by approving 17 projects based on the detailed identifications of the first phase of the program. Out of the approved projects, eight are solar, five hydropower, and the rest road projects.
“In this first phase of the project, two of the solar projects will be built in Afar and Somali regional states soon as they have passed all the required processes,” he added.
COVID-19 has, however, negatively affected the international companies selected to engage in the PPP process.
The trend of engaging in mega projects in general takes a long time due to the nature of the process because it depends on international standards, Tilahun said.