Ethiopian Energy^Power Business Portal

Aiming at playing a great role in the fast growing economy of Ethiopia and competitive incentive packages, affordable labor and improved infrastructure in the country, the Turkish giant, Turkish Industry Holding is to invest in power generating sector. The Chairman of Turkish Industry CO. Mr. Mehmet Coskun, the Vice President Mr. Hakim Alici and board member Mr. Ozan Semerci met Seleshi Bekele, PhD, the Minister of Water Irrigation and Electricity (MoWIE) yesterday at his office with the proposal of Electricity production power plant.

The Chairman stated that the power plant is gas fired cogeneration plant and the capacity will be 500mv, which will be one hundred per cent self-financed by Turkish Industry Holding and its co-partner AKSA Energy, another giant company in the energy sector. 

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