The Ethiopian Government has awarded a US$700-m contract for the construction of a new Gebba River Dam along Gebba River to SINOHydro and CGCC and Sur Construction.
The contract for the new Gebba River Dam was awarded through the Ethiopian Electric Power Corporation (EEPCo), which is mandated to producing, transmitting, distributing and selling electrical energy in accordance with economic and social development policies and priorities of the Ethiopian government.
The finances for the project will be made available through loans from the Chinese government, through China’s Exim Bank.
The new Gebba River Dam will be the largest in Africa once complete. It will be bigger than the Great Ethiopian Renaissance Dam (GERD), which is currently the largest dam in Africa. It is projected to produce 391MW of electricity.
Hydropower accounts for the bulk of Ethiopia’s electric power generating capacity and output. Presently, the country has 12 dams some have been constructed while others like the Grand Ethiopian Renaissance Dam (GERD) and the Gebba River dam are in the pipeline.
The projects being put up by Ethiopia in the recent years are an indication of the country’s resilience and drive to emerge as an economic hub in the region.
Read the full article here: http://constructionreviewonline.com/2014/09/15/chinese-firms-construct-us-700m-dam-gebba-river-ethiopia/
