Ethiopia on Friday inaugurated a multi-purpose hydropower plant built with a self-financed investment of around $500 million.
The plant, the Tana Beles Multi-purpose Hydro-electric Power Project, was constructed in the Amhara regional state of Ethiopia, using the Tana River, a tributary of the Nile River.
It is the first time that Ethiopia uses the river, which empties into the Nile River, which is being shared among nine African countries.
The power plant, launched in 2005, has the capacity to generate 460 megawatt of electricity, increasing the country’s power potential by 30 per cent.
According to the Ethiopian Electricity Power Corporation (EEPCo.) the Tana Beles project is the largest of the power plants so far constructed in the country.
It is the third hydro-power plant that Ethiopia has launched this year as part of its huge investment on hydro-electricity projects.
Ethiopian Prime Minister Meles Zenawi said that the country is planning to enhance its current 2,000 megawatt capacity to 10,000 megawatt in the next five years by investing billions of dollars.
The project manager of the corporation, Kifle Horo said that as Beles is a multi-purpose project, the water that comes out after producing electricity will be used to develop over 140,000 hectares of land.
Kifle said more than 4,000 workers have participated in the construction of the project, 3,800 of whom are Ethiopians while the rest are foreigners from 32 different countries.
Video: Tana Beles Hydroelectric Power Plant Inaugurated