Ethiopia's energy minister Alemayehu Tegenu said the $4.1 billion-Grand Renaissance Dam along the Nile River in the western Benishangul-Gumuz region - was on course to be completed on time in 2015, Reuters reported. The dam will generate 6,000 MW at full capacity."Everything is going according to plan. It (the Grand Renaissance) is on good status," He told Reuters in an interview. "So far we have achieved 13 percent of the total construction."
Ethiopia has laid out plans to invest more than $12 billion to build to generate more than 40,000 MW of hydropower by 2035.