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Ethiopia's state-owned utility Ethiopian Electric Power Corp (EEPCO) is to develop a 1870MW hydro project with Italy's Salini Costruttori.
The Gilgel Gibe III project is to be developed in the northwest of the country in the Omo-Gibe river basin at a cost of some US$ 1.72 B and is expected to be operational by 2011.
Together with an associated 550km long, 40 kV transmission project, Gilgel Gibe III will be the largest such plant in Ethiopia with a total development cost of around US$ 2 B.
News date: 18/09/2006