Energy Proclamation Amendment to Encourage Investment

Energy developers will be able to commence operations within three to five years after being licensed, according to the newly amended proclamation. This is contrary to the existing one where all energy developers were required to become functional within 12 months.

The proclamation is amended in a bid to alter burdensome provisions and encourage investors in the energy sector. It is an action taken to achieve the government’s plan of adding 12GW of renewable energy to the grid by 2020.

The parliament, in its eighth regular meeting held last Tuesday, tabled the four-year-old energy proclamation.

Geothermal and hydropower project developers must become operational within five years, whereas investors engaged in wind, solar, biomass, coal and natural gas energy must start generating power within three years of getting the licence, according to the amended proclamation.

The Ethiopian Energy Authority has also drafted a regulation for its implementation.

Published on Dec 16,2017 [ Vol 18 ,No 920]



An expected consequence of the growing rift between the constituent par...


The new electricity tariffs that became effective on December 1, 2018,...


Who it is that midwifed the rapprochement between E...


As tobacco companies reap the benefits of weak tobacco controls across...


If some people came to us with something ambitious we feel is next to i...


The procedure followed to increase rents for commercial units managed b...

View From Arada

Ethiopians, like their government, are in overdrive, juggling between j...

Business Indicators


Editors Pick