Ethiopian government announced the completion of feasibility studies for 23 energy projects that are ready to be implemented through public-private partnership modality.
They have been already approved by the board, in which the private sector is represented, established to review and give a green a light to PPP projects.
"Currently, there are 23 large PPP projects that have sites identified, feasibility studies done and ready for procurement process," said the Ministry of Finance in its statement published on April 8, 2021.
"These include eight solar photovoltaic, five hydroelectric, five wind, three roads, one housing and one petroleum depot projects," the Ministry added.
The eight solar projects are planned to at least generate 798MW of electricity, according to an information obtained from the Ministry. This is in addition to previous solar projects implemented under PPP modality.
ACWA, a multinational company engaged in power projects, was the first private company awarded four years ago to build a solar power plant that can generate 125MW of electricity.