June 24, 2013
Powergrid has clinched the management of transmission, generation and distribution company of Ethiopia and Kenya after a highly transparent and competitive bidding exercise beating other big firms on financial and technical evaluation.
In Addis Ababa, the contract was signed between the Ethiopian Electric Power Corporation (EEPCo) and Powergrid.
In Kenya, PGCIL will handle the feasibility study to determine the highest need voltage power capacities of the transmission lines taking into consideration the power generation capacity of the nation over the next 25 years.
The EEPCo made its selection on the basis of the proposed delivery period; PGCIL offered to finalize the study in four and a half months whereas the other bidder which had met the requirements, the State Grid Corporation of China proposed a year.
Ethiopia, a country of more than 80 million people, is planning to significantly increase power distribution lines in the coming years and the feasibility study is expected to offer a bench mark for the installation of lines in the future.