Friday, 03 May 2013 – NewBusinessEthiopia.com
The hydro power project was awarded for a Chinese firm CGGC, several years ago and is expected to be fully completed in end the end of the GTP. The total project cost, which is 400 million dollar has secured from the Chinese Import Export (EXIM) Bank.The statement was made by Wondimu Tekle State Minister of Water and Energy at a recent workshop held to commemorate Earth Day which is marked last week.
The Earth day is an annual national observance designed to increase public awareness of appreciation for the environment. It first started in 1970 and has been celebrated since 2009.
Wondimu also told the gathering that the largest Hydro electric power project, the 6000 MW Grand Renaissance Dam (GRD) has had 19 percent of its construction work finished, while the other huge dam project, the 1870 Gibe III project has so far had 71 percent of its construction finished, although its formal commissioning date which is end of 2013 could be pushed back because of delays in construction.
It was also stated at the workshop that the country has embarked on a massive energy projects to electrify the projects using hydro, solar, geothermal and wind power projects.
The plan envisages that to increase the current electricity generating capacity of the country which stands at about 2200 MW to up to 10,000 MW by 2015, which is also the end date of the ambitious Growth and Transformation Plan (GTP). It is also in line with the Climate Resilient Green Economy (CRGE) strategy of the Ethiopian government which foresees by 2025 that the net carbon emission of Ethiopia to be zero.
Another point mentioned in the conference is the issue of alternative energy, and specifically the provision of efficient improved cook stoves. Ethiopian government says it has so far distributed 3.5 million cook stoves so far, and plans to reach that number to nine million cook stoves by 2015.
- Five-year plan dispels nation’s negative image (allanapotashblog.org)
- Nile | Ethiopians raise billions, despite foreign-backed Saboteurs (allanapotashblog.org)
- Ethiopia registers 10.5 percent economic growth: PM Hailemariam (allanapotashblog.org)
- Developing Countries to Benefit From Cleaner Cook Stoves (voanews.com)
- Gibe III could go operational next year (africapotashblog.wordpress.com)
- Intensifying efforts to finish Renaissance Dam (africapotashblog.wordpress.com)