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CCTV : Chinese Companies ink Deal For Intelligent Power Supply

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Two Chinese companies have signed a Memorandum of Understanding with the Ethiopian Electric Utility company to build a better connected and intelligent electricity grid.The new smart grid system, the first of its kind in Ethiopia, is expected to help in increasing revenue collection and improving power supply to end users. The Chinese companies made donations to the smart power distribution pilot project, that will guide roll out of the entire project. Chief executive of the Ethiopian Electric Utility welcomed the gestures adding that they would contribute towards realization of Ethiopia's 5 year second growth and transformation plan.