Ethiopia to Get Chinese Funds for $1 Billion Hydropower Line
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Ethiopia will receive funds from China for a transmission line valued at $1 billion that will bring electricity from a hydropower plant to the capital, Addis Ababa according to a government official.
The 619-kilometer (385-mile) link from the 6,000-megawatt Grand Ethiopian Renaissance Dam on the Blue Nile River will be constructed over the next three years by China Electric Power Equipment and Technology, Deputy Prime Minister of Economy and Finance Debretsion Gebremichael told reporters in Addis Ababa today.