The Grand Ethiopian Renaissance Dam has begun generating power after 10 years of construction, based on various sources.
Construction of the Grand Renaissance Dam started in April 2011 after the ETB80bn ($4.7bn) engineering, procurement and construction (EPC) contract was awarded to Salini Costruttori.
With the completion of Renaissance Dam Turbine No. 10, it has started generating test power.
Nearing fully completion on the Abay River, the $4 billion GERD is self-financed by Ethiopians with crowd funding through raising in the form of selling bond and employees contributions a portion of their incomes, will generate 5150 MW hydropower at full capacity to relieve country’s severe energy shortage.
Currently, Ethiopia has a total installed power generating capacity of about 4,967 MW. And, only about 45% of the country population has access to electricity and the figure drops to 32% in rural areas of the country.
Once completed GERD will be the largest dam in Africa with a total volume of 10.4 million cubic meters for renewable energy.
DISCLAIMER
The opinions expresses here in the post "Ethiopia’s Massive Dam on Abay River Has Begun Generating Electricity" are those of the individua's contributor(s) and do not necessarily reflect the views of Business Info Ethiopia , BIE Intelligence PLC, its publisher, editor, or any of its other contributors.