The Ethiopian Electric Power Corporation (EEPCo) said the construction of Gilgel Gibe III hydropower dam project is well in progress.
EEPCo Public Relations Head, Misker Negash, told WIC on Friday that some 38 per cent of construction of the project has been completed so far.
He said Gibe III hydropower plant is going well with out any problem and it will be finalized according to its planned completion date.
The project will raise country’s power generating capacity by 50 per cent, thereby alleviating the electric power shortage occurred due to country’s rapid economic growth, he indicated.
He further said Gilgel Gibe III hydroelectric plant being constructed with over 1.4 billion euro allocated by the Ethiopian government will have a lion share in the country’s electric power export plan.
According to Misker, over 6,000 local and foreign professionals are participating in the construction process. [walta]
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