New mega project in Ethiopia: The new hydroelectric plant is worth €2.5 billion and will have an installed capacity of 2,200 MW.
The client is the Ethiopian Electric Power (EEP). The project includes a 170 metre high rolled compacted concrete (RCC) dam; the reservoir volume is 6000 million cubic metres. The hydroelectric plant will annually produce 6,460 GWh.
This new important project together with GIBE III and GERD (the Grand Renaissance Dam) on the Blue Nile will enable Ethiopia to become Africa’s leader in terms of energy production.
The Country has been rapidly growing for many years now, and will soon become the driving force of the African continent. The large infrastructure projects that have characterized the past few years do not only sustain growth, but also contribute to achieving the goal of transforming Ethiopia into Africa’s energy hub.
As of today, Ethiopia exports energy in Kenya, Sudan and Djibouti, its closest countries.