Israel Electric Corporation wins bid by Ethiopian Electric Power Corporation; set to help it improve management service

Published: 09.02.12

srael Electric Corporation (IEC) announced Monday that it has won a tender by Ethiopian Electric Power Corporation (EEPCO), to help it improve its management services and production.

IEC went after the bid as part of its efforts to expand its overseas activities.
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According to the deal, IEC will provide EEPCO with consultancy and project management services ahead of several projects to build power plants.

EEPCO is owned by Addis Ababa, essentially making it a government monopoly that controls the production and distribution of electricity across Ethiopia.

Ethiopian Electric Power Corporation aspires to produce 10,000 megawatts by 2016 – five times higher than it does right now.

http://www.ynetnews.com/articles/0,7340,L-4273565,00.html