nazret.com
 

« Ethiopia - Birtukan says reconciliation with Hailu Shawul unlikelyEthiopia Court rules against National Bank directive »

Ethiopia to launch Gibe III hydroelectric power project

advertisement

01/14/08

  01:23:28 pm, by admin, 217 words  
Categories: Business, Ethiopia, Energy

Ethiopia to launch Gibe III hydroelectric power project

File Photo: Gilgel Gibe I industcards.com

Ethiopia to launch Gibe III hydroelectric power project

By Tesfu Telahoun

Source: Capital

Capable of generating 1870 megawatts when completed in seven years, the Gibe III hydroelectric power project is to be officially launched with a ceremony on January 24, 2008, at which a foundation stone will be lain. Gibe III is situated on the Omo River, 500 kms south of Addis Ababa, Welayta -Dawro Zone, SNNPS region.

The project ranks as the largest ever undertaking in the nation with an outlay of ETB 16 bln ( $ 1.75 bln). Funding has been secured from international lending agencies. Construction work is to be carried out by Italian firm Salini Constructtori S.A. which has considerable experience of large projects in Ethiopia. It is to be recalled that Salini conducted works on Gilgel Gibe I and II and is currently engaged on Beles, another hydroelectric generation scheme.

Currently, the nation generates less than 900 MW of electric power, making the addition of 1870 M.W. by the ten generators of Gilgel Gibe III alone, a quantum leap in national power generation capacity. It is envisioned that Gibe III will enable Ethiopia to export power to neighboring states.

It is also anticipated that the massive earthworks required for the building of the dam will contribute to the development of the immediate surroundings.

2 comments

Comment from: Adam Smith [Visitor]
Adam Smith

Great job :>>

Before we start exporting electricity, lets get some of it to go to Addis Ababa. :)) I wonder how much we can make out of this and Biodiesel.

01/14/08 @ 18:00
Comment from: Nour [Visitor]
Nour

BRAVO EPRDF! BRAVO MELES!

KEEP UP THE GOOD WORK!

REALLY LEADERSHIP HAS MEANING.

01/15/08 @ 08:18

rebtel

advertisements

nazret.com is the #1 rated Ethiopian website. Be part of the largest Ethiopian News website, join in to become a contributor.

Search

  XML Feeds

powered by b2evolution free blog software
© nazret.com The Most Popular Ethiopian Website. nazret is Ranked #1 by Alexa and Qantcast.
All Rights Reserved 1994-2014
About Us | Contact | Feedback | Help | Privacy | Terms and Conditions