Ethiopia splits state owned giant public utility into two
Tesfaye Ejigu
The government in Ethiopia split into two the Ethiopian Electric Power Corporation (EEPCO), one of the state owned giant public utilities and renamed it the Ethiopian Electric Power Office (EEPO) and Ethiopian Electric Service (EES). The two are tasked to undertake what industry analysts say is an over ambitious plan of becoming an international company. The government says it decided to split EEPCO after three years-long study and consultation with an international consultant.