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EEPCO signs 142.4 million Birr accord with local contractors |
 Addis
Ababa, November 24, 2007 (ENA) - The Ethiopian Electric Power Cooperation (EEPCO)
here on Saturday signed a contract agreement amounting over 142 million Birr
with two local constructors engaged in production of concrete electric
poles.
It was indicated that EEPCO has been electrifying rural towns using concrete
electric poles manufactured by local contractors and by itself.
Accordingly, EEPCO has signed a contract agreement with SABA engineering
Plc. and Kabew Construction Company amounting 47.4 million Birr and 95 .1
million Birr, respectively.
As per the agreement, the contractors would hand over the poles in 18
months.
EEPCO said the budget would be covered by the loan the World Bank provided
for rural electrification program.
EEPCO General Manager, Miheret Debebe and General Managers of the two
contractor companies signed the agreement.
EEPCO said some 749 of the 1,714 rural towns planned to get access to
electric power in this budget year would be electrified by various regions
of the corporation.
The electrification work in the remaining towns would be carried out by
local and foreign contractors.
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