Gibe V is a 560MW hydro power project. It is planned on Omo river/basin in Oromia, Ethiopia. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2027 and is expected to enter into commercial operation in 2031.
|Project Type||Total Capacity (MW)||Active Capacity (MW)||Pipeline Capacity (MW)||Project Status||Project Location||Project Developer||Hydropower||560||–||560||Announced||Oromia, Ethiopia||Ethiopian Electric Power|
The project is being developed and currently owned by Ethiopian Electric Power.
The project is expected to generate 1,843 GWh of electricity. The project cost is expected to be around $1,383.6m.
The hydro power project consists of 10 turbines, each with 66MW nameplate capacity.
The project construction is expected to commence from 2027. Subsequent to that it will enter into commercial operation by 2031.
About Ethiopian Electric Power
Ethiopian Electric Power Corp (Ethiopian Electric Power), formerly The Ethiopian Electric Light and Power Authority, is an electricity company that generates, transmits and distributes electricity. The company generates, transmits and supply power. It maintains the interconnected System and transmits electricity from hydropower plants and wind farms. Ethiopian Electric Power constructs and administrate power generation plants, high voltage and whole sale of electricity. The company owns and operates electric circuit transmission lines and substations. It also operates hydropower projects, wind projects, geothermal projects and transmission and substation projects. The company provide service across Ethopia. Ethiopian Electric Power is headquartered in Addis Ababa, Ethiopia.
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.