(Fasika Tadese/addisfortune, 18 Feb 2018 )
The Indian government is finalising a 100 million dollar pledge for the Ethiopia and Djibouti power interconnection line, which will transmit 230kV of electric power to Djibouti. The line will extend from Semera, Afar Regional State to PK12 substations in Djibouti. It will enable Djibouti to import 60MW of electricity from Ethiopia, as well as help the nation earn a total of 50 million dollars annually from exporting power to Djibouti. The feasible study of the project was completed by Tractebel Engineering S.A, one and half century old Belgian engineering company with a presence in 33 countries and 1,600 staff members. Tractebel conducted the feasibility study with a financial backing from the Kuwait Fund.