Ethiopian Energy^Power Business Portal

The Ethiopian Electric Power (EEP) has made it public this week that it is formally ceasingits power generation operation and will focus on the management of the existing plants, transmissions linens and substations. Abraham Belay (PhD), CEO of EEP, told employees during a meeting on Thursday that in accordance to the ongoing reform activities the organization has initiated, EEP would no longer be involved in developing power generating plants. It will rather concentrate on managing the operations of the plants and power transmission lines.

According to the CEO, the organizational reform measures undertaken at the EEP required overhauling where financial and human resources were found to be mismanaged. Hence, the state owned EEP will no longer be involved in power generation activities. Accordingly, the existing and future power projects will be handled by private companies.

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The Government of Ethiopia has signed a Memorandum of Understanding (MoU) with Siemens to address the country’s energy and infrastructure sectors. The memorandum was signed between the Ethiopian Investment Commission (EIC) and Siemens on April 4, 2019 to support the government’s objective of becoming a low middle income country by 2025.

Siemens, the largest industrial manufacturing company in Europe, is a German conglomerate company which annually generates revenue of EUR 130 billion. The primary goal of this agreement is to commit to a long-term partnership between Siemens and the people of Ethiopia to develop fast-track solutions that will enable the government to stabilize and expand existing grid infrastructure, explore solutions for industrial parks and co-develop micro-grid solutions for remote villages.

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Twelve manufacturers of electrical equipment have formed an association and registered with the Ministry of Industry. The new Ethiopian Power Generation, Transmission & Distribution Equipment Manufacturers Association became operational on November 2, 2018, and formed a governing five member board, joining the ranks of 30 other professional associations in the country.

Formed with the technical assistance of the Ministry, the association, currently only represented by cable and transformer manufacturers, has set goals to help members specialize, utilize new technology, search for solutions to challenges in the industry, establish a training institute, conduct different studies and facilitate with the government. Six member companies of the association – Advantage Industrial, Abay Energy, Elsewdy CablesEthiopia, BMT Energy Telecom Industry & Trade, Belayab Cables and Euro Cable – are cable manufacturers.

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The Board of Directors of the Ethiopian Electric Power (EEP) has appointed a new CEO for the state-owned power company after sacking Azeb Asnake (Eng.) who has been in office for five years. In a meeting held on Wednesday, the board members decided on the removal of Azeb as well as her entire management team for reasons that are yet to be disclosed.

Abraham Belay (PhD/Eng.) has been picked to run the giant office as its new CEO as of August 27, 2018. A day after the board’s decision, the appointment of Abraham has been sent to the EEP in a letter signed by Girma Birru, chairman of the Board of Directors, who is also a recent appointee. Before his latest appointment, Abraham was the Deputy Director General of Information and Network Service Agency (INSA) responsible for Cyber Technology Engineering Institute.

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