Subscribe free to our newsletters via your
. Earth Science News .

World Bank approves $73 mn for DR Congo hydro project
by Staff Writers
Washington (AFP) March 20, 2014

The World Bank approved Thursday $73.1 million in financing to the Democratic Republic of Congo to support development of the massive Inga 3 hydropower project in the energy-hungry country.

In mid-February the IMF executive board delayed an official review of the proposed technical assistance package for the project that faces opposition from Congolese social and environmental groups.

The $73.1 million grant, along with $33.4 million approved by the African Development Bank late last year, will provide the Democratic Republic of Congo with the world-class expertise to develop its hydropower potential, the World Bank said in a statement.

"By being involved in the development of Inga 3 BC from an early stage we can help ensure that its development is done right so it can be a game changer by providing electricity to millions of people and powering commerce and industry," Makhtar Diop, the World Bank's vice president for Africa, said in the statement.

DR Congo, Africa's third-largest country, is estimated to have the world's third-largest hydropower potential, after China and Russia.

The huge Inga 3 Basse Chute project near Matadi would divert Congo River waters into a 12-kilometer (7.5-mile) channel and then pass them through a 100-meter (330-foot) high hydropower dam on the Bundi Valley before releasing the water back into the river.

The intake would be above the existing Inga 1 and Inga 2 dams, and the outflow downstream from both.

Inga 3 is expected to generate 4,800 megawatts of power, equivalent to the output of three third-generation nuclear reactors.

The World Bank said the technical assistance project will finance environmental and social assessments to guide the development of the project; it does not include any construction or operational activities.

No decision has been taken on whether it will support the eventual construction of Inga 3, the global development bank said.

- South Africa a backer -

The DR Congo prime minister, Matata Ponyo Maponi, welcomed the grant, saying: "The World Bank Group's involvement in this project reinforces its mission to fight poverty, and its ongoing commitment to help the Congolese government in its goal to move the country along the path to a strong development future."

The Inga 3 project, whose construction is expected to begin in late 2016, was revived after South Africa promised to buy more than half of the power generated, guaranteeing the project's financial viability.

DR Congo plans to sell some 1,300 megawatts of power to mining companies in its Katanga Province, in the southeast of the country, whose development has been limited because of a lack of available energy.

The remainder will provide electricity to DR Congo, where only nine percent of the population has access to electricity.

In a letter to the World Bank in late January, a dozen Congolese nonprofit organizations expressed doubt about how much the project will ease the country's energy gap and raised concerns about its impact on local populations that depend on the Congo River.

The total cost of the project, to be shared by the public and private sectors, is estimated at $12.0-12.5 billion, including $8.5 billion for the construction.


Related Links
Water News - Science, Technology and Politics

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Pakistani Kashmir turns to water to solve power crisis
Neelum Valley, Pakistan (AFP) March 12, 2014
As Pakistan grapples with a crippling energy crisis, people in one corner of Kashmir have taken matters into their own hands, using small-scale turbines to generate electricity from streams and rivers. Pakistan is plagued by power cuts, lasting up to 22 hours a day in the blistering summer in parts of the country, blighting ordinary people's lives and hampering the economy. Government mo ... read more

Up to 18 unaccounted for in deadly US landslide

Safety lapses rapped after US nuclear plant fire

Contaminated Fukushima water may be dumped as problems mount

Fukushima: three years on and still a long road ahead

Pushing and pulling: Using strain to tune a new quantum material

Lightweight Construction Materials of Highest Stability Thanks to Their Microarchitecture

Oregon physicists use geometry to understand 'jamming' process

It looks like rubber but isn't

World Bank approves $73 mn for DR Congo hydro project

Bangladesh's otter fishing tradition faces extinction

World faces 'water-energy' crisis: UN

Deep Ocean Current May Slow Due to Climate Change

Back to life after 1,500 years

Permafrost Thaw Exacerbates Climate Change

The Frozen Truth about Glaciers, Climate Change and Our Future

NASA's Operation IceBridge Begins New Arctic Campaign

Stanford professor maps by-catch as unintended consequence of global fisheries

Ancient clam gardens nurture food security

Research reveals true value of cover crops to farmers, environment

Study examines pesticide poisoning of Africa's wildlife

Ground-improvement methods might protect against earthquakes

Earthquakes Caused by Clogged Magma a Warning Sign of Eruption

Strong quake strikes off Chile

Torrential rains kill 32 in South Africa in two weeks

Chinese nationals held in Nigeria for illegal fishing

Peacekeepers seize large weapons cache in C. Africa

French kill jihadist commander in Mali

What sculpted Africa's margin?

New stratigraphic research makes Little Foot the oldest complete Australopithecus

Eyes are windows to the soul -- and evolution

Stirring the simmering 'designer baby' pot

Empathy chimpanzees offer is key to understanding human engagement

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.