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The Grand Ethiopian Renaissance Dam (GERD) is estimated to cost close to 5 billion US dollars, about 7% of the 2016 Ethiopian gross national product. [36] The lack of international financing for projects on the Blue Nile River has persistently been attributed to Egypt's campaign to keep control of Nile water sharing. [ 36 ]
The Gibe II dam has been affected by such problems even after its completion, when a tunnel collapsed and put the hydropower plant out of service for several months. The grand Ethiopian renaissance dam was delayed as well, because of upgrading the power from 5250 watt to 6000 watt, budget problems and dispute with government of Egypt.
With the beginning of construction of the Grand Ethiopian Renaissance Dam (GERD) in 2011, Egypt faces the threat of water shortage as the new upstream dam would reduce the amount of water flowing downstream to Lake Nasser. As this flow of water from the Nile into Egypt and Sudan constitutes a major part in their economy, its reduction due to ...
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Egypt is concerned that Ethiopia is using water from the Nile to fill its giant Renaissance dam.
The two-day talks between Ethiopia, Sudan and Egypt on the disputed Grand Ethiopian Renaissance Dam ended on Sunday night in Addis Ababa, the Ethiopian capital.
The source is located 15 km west of Lake Tana at an elevation of 2,100 metres (6,900 ft) above sea level. The mouth of the river Beles in the Blue Nile is located about 40 km upstream of the Grand Ethiopian Renaissance dam that is under construction, and the water of the Beles will be used in the future.
Sudan is a third party to the talks about the $4.6 billion Grand Ethiopian Renaissance Dam on Ethiopia’s stretch of the Blue Nile, which is located just 10 kilometers (6 miles) from the Sudanese ...