Untitled Document

Zambia, Chinese firms to build 600-MW Kafue Gorge Lower hydropower plant

Zambia has signed an agreement with two Chinese companies to build the 600-MW Kafue Gorge Lower hydropower plant, government officials in Zambia said.

China Development Bank will provide an initial loan of $1 billion to a joint venture company to be formed by Zesco Corp., Zambia's power utility, together with China Africa Development Fund and Sino Hydro, wire services reported.

Kafue Gorge Lower hydro plant is expected to cost about $1.5 billion, according to reports. Construction of the hydro plant is projected to start in April 2011, with the project's completion planned for 2017.

In other news, the European Investment Bank confirmed it has stopped funding environmental and social impact studies for the Gibe III hydroelectric power project in Ethiopia, as the Ethiopian government has found alternative sources of finance.

For more hydropower news and information, click here

Related Articles

African small hydropower

Partnership to advance small hydropower plant development in Africa

Hydroneo Afrique and African Infrastructure Investment Managers (AIIM) are partnering to dev...

Africa fund seeks civil, EM works for Uganda's 10-MW Achwa 3 hydro project

The Africa Renewable Energy Fund (AREF) invites expressions of interest to carry out civil a...

Kenya water agency seeks dam safety design, supervision for Thika Dam rehabilitation

Kenya's Athi Water Services Board invites expressions of interest to perform dam safety desi...
IHA new hydropower report

International Hydropower Association releases 2015 Hydropower Status Report

The International Hydropower Association announces availability of its 2015 Hydropower Statu...

Recent Comments

Hydro Slideshows

more slideshows >>  

Hydro Whitepapers

Industry News

Editor's Picks

Volume 34, Issue 6
Volume 23, Issue 4

Buyers Guide Products