Indian companies encouraged to explore untapped renewable energy sector in Ethiopia

Addis Ababa, September 19, 2023 (FBC) – Ethiopian Embassy in New Delhi has encouraged Indian companies to explore untapped investment potentials of renewable energy sector in Ethiopia.

That was said during a meeting between Ethiopian Ambassador to India, Demeke Atnafu and Mr. R.P. Gupta, Chairman and Managing Director of Solar Energy Corporation of India Ltd (SECI).

At the meeting, both sides discussed investment opportunities in Ethiopia with special focus on renewable energy sectors.

Ambassador Demeke briefed the Chairman and Managing Director of the untapped potential of collaboration in renewable energy sector; such as hydro, solar, wind and geothermal. He encouraged Indian companies to take part mainly in solar and wind power sectors.

According to the Ethiopian Embassy in New Delhi, both sides have agreed to further explore areas of cooperation and partnership on renewable energy, mainly to forge collaboration in solar and wind power sectors.