“Gilgel Gibe IV and V hydro-electric dams will be part of Ethiopia’s next big projects during the next five-year national plan”
On Saturday it was announced that Ethiopia is set to introduce a further two hydro-electric dams to its renewable energy collection. Gilgel Gibe IV and V hydro-electric dams will be developed along the southern Omo River, which borders with Kenya.
These projects follow the 6 000MW Grand Ethiopian Renaissance Hydro-electric Project located on the Blue Nile (2011). Known as the Millennium Project of Ethiopia, it is the largest hydro-electric project in Africa.
According to sources, Bizuneh Tolcha, spokesperson for the Water Ministry, told Anadolu Agency: “Gilgel Gibe IV and V hydro-electric dams will be part of Ethiopia’s next big projects during the next five-year national plan”.
The two dams have a combined generation capacity of 2 050MW and the cost will be addressed once the assessment has drawn to a close.
Tolcha: “Some 1450 megawatts of the total electric power will be produced by Gilgel Gibe IV while Gilgel Gibe V will generate the remaining”.
On Friday, local media said that these plants will be funded by the bond project where sales will be managed by BNP Paribas, Deutsche Bank and JP Morgan.
Kenyan communities feel indifferent about the development of the Gilgel Gibe dams believing that they will negatively impact the wellbeing of the communities located along Lake Turkana. Such emotions have been addressed by the Ethiopian government who have disagreed with such claims.
Tolcha said, “There are other hydro-electric projects being considered”. Ethiopia has enormous potential to exploit hydro-power with an estimated 45 000MW of power which can be generated.
Western Ethiopia welcomed The Geba Dam which began construction in September of this year, costing a total of $583 million.
Further much needed hydro-power projects have been discussed for Ethiopia’s future, including developing along the Nile River which in turn has caused upset with Egypt.
Egypt is nervous that this project will interfere with its main source of water and should be assured that all measures will be taken to avoid such calamities.
Addis Ababa stated that both Egypt and Sudan will have the benefit to purchase power generated by the hydro-electric project.
Source: World Bulletin/News Desk