The Export-Import Bank of China is to fund the $1B transmission line that will bring electricity from Ethiopia’s Grand Renaissance Dam to the capital Addis Ababa, newswires have reported.
China Electric Power Equipment and Technology is to build the 619km line over the next three years, Deputy Prime Minister of Economy and Finance Debretsion Gebremichael told reporters.
The 6000MW project is being built on the River Abbay (the Blue Nile) and will feature Africa’s largest dam – a 1.8km long RCC structure. It was previously named the Millenium scheme.
