The 500 kV Ethiopia–Kenya HVDC power transmission line, which is being constructed by China Electric Power Equipment and Technology Company Limited (CET), is expected to be partially ready by end-2017. It is the first HVDC power line in East Africa and a major channel for outbound power transmission for Ethiopia. Reportedly, 433 km of the 1,045 km long interconnector, which is in the Ethiopian territory, is likely to be completed by end-2017. It will stretch from WolaitaSodo to the Kenya border to transport 2,000 MW from Southern Ethiopia to the Eastern Africa Power Pool. CET has already finished the construction of a high voltage transmission line stretching from an under construction 6,450 MW dam on the Blue Nile River near the Sudanese border to the outskirts of Addis Ababa. Meanwhile, the exchange of electricity between the two countries is expected to start once a separate converter station project worth $629 million, being undertaken by German company Siemens, is completed in 2019. The total cost of the project is estimated at $1 billion. The project is funded by the African Development Bank (AfDB).