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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.
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Egypt is concerned that Ethiopia is using water from the Nile to fill its giant Renaissance dam.
Hydropower Dams built in Ethiopia provided over 1,500 MW of capacity by 2010. The four largest dams were built between 2004 and 2010. Gilgel Gibe III added 1,870 MW in 2016. The Grand Ethiopia Renaissance Dam (GERD), a key element of the country's energy expansion strategy, is expected to significantly increase the nation's energy capacity ...
Egypt, Ethiopia and Sudan resumed their years-long negotiations Sunday over the controversial dam Ethiopia is building on the Nile River’s main tributary, officials said. The resumption of talks ...
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.