EEU and Kenya Power and Lighting Company have signed a new cross-border electricity supply agreement at ETB 24.07 per kWh, aimed at strengthening regional energy trade and integration across East Africa.
The Ethiopian Electric Utility (EEU) and the Kenya Power and Lighting Company (KPLC) have signed a new electricity supply agreement under which electricity will be supplied at ETB 24.07 per kilowatt-hour (kWh).
The agreement is aimed at strengthening electricity trade between the two countries, expanding reliable power supply to communities in border areas, and further enhancing regional energy integration across East Africa.
The electricity supply agreement was jointly signed by Eng. Getu Geremew, Chief Executive Officer of Ethiopian Electric Utility, and his Kenyan counterpart, Dr. Eng. Joseph Siror, Managing Director and Chief Executive Officer of Kenya Power and Lighting Company (KPLC).
Speaking at the signing ceremony, Eng. Getu said the agreement demonstrates the remarkable achievements that neighboring East African countries can accomplish through unity and cooperation.
He noted that the agreement will help realize the shared vision of a more Connected East Africa, emphasizing that energy is not only a source of wealth but also a bridge to sustainable economic growth and shared prosperity.
For his part, Dr. Eng. Joseph Siror stated that, beyond strengthening electricity supply cooperation, the agreement will play a significant role in deepening peace and economic collaboration between Ethiopia and Kenya.
He further emphasized that communities living along the Ethiopia–Kenya border will be the direct beneficiaries of the agreement, adding that it will further strengthen the longstanding ties between the two brotherly nations.
The agreement is expected not only to enhance bilateral energy cooperation and diplomatic relations but also to provide renewed momentum to ongoing efforts to establish a Regional Power Pool that will facilitate an integrated electricity supply system across East Africa.
Furthermore, by improving the reliability of electricity supply, the agreement is expected to promote regional economic growth and support the delivery of better and higher-quality services to the people of both countries.
Under the terms of the agreement, Kenya Power and Lighting Company (KPLC) will pay ETB 24.07 per kilowatt-hour (kWh) for electrical energy supplied, in addition to a demand charge of ETB 1,010.89.
