Ethiopian Energy^Power Business Portal

Negotiations underway to sign implementation agreement for geothermal projects

The Ministry of Water, Irrigation and Energy announced that the Genale Dawa III Hydro Power Plant and the Aisha Wind Power Plant will soon join the national power grid.

The Ministry, which declared the lifting of rolling blackouts on Monday, disclosed that the new power plants would play a role in curbing the power shortage the country is facing. The Minister of Water, Irrigation and Energy Sileshi Bekele (PhD) said that the Genale Dawa III hydro power plant, which has an installed generation capacity of 254 MW, will start generation in August 2019. Sileshi said work on the Genale hydro power project has been completed adding that it is under testing and commission work.

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The Ethiopian Energy Authority announced its plan to begin the Tulu Moye 520 MW geothermal electric energy project at a total cost of 2.5 Billion USD in Oromia State, West Arsi Zone. Tesfaye Kessa, Director of Geothermal Resource Development License and Administration Directorate with the Authority said that the Authority has been undertaking a number of activities to commence the project and to benefit the community by enhancing energy sources.

Unlike other sources of energy, geothermal energy is sustainable and it does not affect the environment adversely. “When we compare with hydro energy though it is a renewable source of power, if there is shortage of rain, it does not generate the required amount of energy,” he said. The project would have greater advantages for the social and economic growth of the country in terms of reducing power outages, he added.

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The World Bank has published a Procurement Notice on behalf of Ethiopian Electric Power – P133613 – Ethiopia Geothermal Sector Development Project – ET-EEP-24663-CW-RFB

The invitation for bids for a Full Service Drilling Contractor and Consumable for Alalobad Geothermal Project in the Federal Democratic Republic of Ethiopia with Ethiopian Electric Power (EEP). The contract is tendered under a loan agreement of the World Bank with EEP/ Ethiopia.

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Reykjavik Geothermal, a power developer backed by hedge fund billionaire Paul Tudor Jones II, is about to kick off a $4.4 billion project to bring volcanic energy to Ethiopia.  

Tapping long-built Icelandic expertise in channeling volcanic power, the developer is preparing to start exploration drilling in September for two 500-megawatt plants in Corbetti and Tulu Moye, south of the capital Addis Ababa. At full-scale, each project would become the largest independent power producer in Africa, according to RG. 

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