Ethiopia to dam 62 million cubic litres of Nile water

Posted on March 31, 2011

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By ARGAW ASHINE in Addis Ababa
Posted Thursday, March 31 2011 at 20:08
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The Ethiopian Government has unveiled its ambitious hydro dam project of damming 62 million cubic litres of water from the world’s longest river, the Nile.

Ethiopia’s target will surpass Egypt’s historical lion’s quota of 55 million cubic litres of the Nile waters.

Ethiopia says the water will be used for hydropower electric generation and that there was no intention to harm Egypt or the Sudan.

The cost of the project is estimated at $4.8 billion, which will all be covered by the Ethiopian Government.

Ethiopia’s minister for Water and Energy Alemayehu Tegenu told reporters the dam will be constructed near the Sudanese border and it will help Egypt and Sudan by reducing the water loss caused by desert evaporation downstream.

Ethiopia will sell a public bond to raise funds for the construction of the dam with a capacity of 5,250 megawatts.

The country plans to increase its electricity-generating capacity five-fold to 10,000 megawatts over the next five years, Mr Alemayehu said.

Ethiopian officials believe they had failed to secure international financing for the project due to Egypt’s diplomatic lobbying.

“We urge Egypt and others to show cooperation rather than hostility for the better future of the region” Mr Alemayehu said.

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