World Bank approves funds to study Inga dam

Engineering News 21 March 2014.

The World Bank‘s board on Thursday approved a $73-million grant to help the Democratic Republic of Congo develop an expansion of the Inga hydroelectric dam, potentially the largest hydropower site in the world.

The money, combined with another $33-million from the African Development Bank, will fund technical studies to analyse the dam’s environmental and social impact and ensure it is sustainable, the World Bank said in a statement.

The grant will also help establish the independent Inga Development Authority, which is meant to follow best international practices in managing the project and selecting private companies to help fund it, the bank said.

Add Comment

Click here to post a comment

Leave a Reply

WP Twitter Auto Publish Powered By : XYZScripts.com