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Tuesday, September 13, 2011

Ethiopia to Build Two More Nile Dams | 2merkato.com

Ethiopia to Build Two More Nile Dams

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Ethiopia announced that it would build two more dams along its share of the Nile, six months after launching the construction of a 5,250 megawatt power plant on the river.

Ethiopia aims to produce 20,000 megawatts of power within the next ten years, part of a plan to spend 12 billion dollars over 25 years to raise power generating capability.

According to Reuters, officials estimate that the country has the potential to produce about 45,000 megawatt of electricity.

Feasibility tests have already started for the new dams with support from the government of Norway, Mihret Debebe, CEO of the Ethiopian Electric Power Corporation, said.

According to Mihret, when the dams go operational, they will generate around 2,100 megawatts of power. Last week the Ethiopian Electric Power Corporation signed power transmission project contracts worth around 330 million dollars with companies from ten countries.

Indian companies take the biggest share of the contract winning three contracts worth more than 50 million dollars.

Among the companies which entered into agreements with the corporation are Energoinvest DD of Bosnia & Herzegovina, ALISTOM GRID of France, ABB AG of Germany, AECOM of USA-Canada and Norinco International Limited of China.

The projects are expected to be completed within 12 to 24 months.

French and Italian companies have agreed to provide consulting services to EEPCo for the Renaissance Dam which is currently under construction.

Source: Walta Information Centre

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