September 15, 2026
23%
Electric Power cuts the data miners from 98% of contract to 23%
Humni Elektirikii warra albuuda dijitaalaa 98% irraa gara 23%'tti hir'ise
By The Ensight desk
Ethiopian Electric Power reduced supply to data mining companies by 75 percentage points because hydrological inflows are falling; hydropower is about 96% of Ethiopian generation. A reassessment is due in October. In the year to 7 July the miners had paid the utility ETB 50.37 billion, more than the ETB 46 billion it earned from the domestic supplier.
Source: Ethiopian Electric Power, via Bloomberg
Posted 5 Meskerem 2019 E.C. · 11:00 EAT (5:00 Ethiopian time) · Published by Ensight (Mo Creatives)