Ethiopia inaugurates $500 million hydro-power plant

Ethiopia inaugurated on Friday 14th of May 2010,  a hydro-power project at a cost of approximately $ 500 million and an energy capacity of 460 megawatts.  The hydro-power Project for Multiple Beles, was built in the Amhara Regional State in Ethiopia, at the Tana River, a tributary of the River Nile.

This is the first time that Ethiopia uses the river that flows into the Nile, divided between nine African countries.

The station, launched in 2005, has the capacity to produce 460 megawatts of electricity, increasing 30 percent the electric potential of the country.

According to the Ethiopian National Electricity Company (EEPCo), the Tana Beles project is the largest power plants built to date in the country.

It is the third hydro-power plant that Ethiopia has launched this year as part of an investment in the field of hydro-power plant.

Ethiopian Prime Minister Meles Zenawi said that the country plans to increase its energy capacity from 2,000 megawatts to 10,000 megawatts currently, over the next five years by investing billions of dollars.

The project director, Kifle Horo said Beles is a multi-purpose, and the water used after the production of electricity used to develop more than 140,000 hectares of land.

He said that more than 4,000 workers participated in the project construction, including 3,800 of them are Ethiopians and the rest are foreigners from 32 different countries.

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