. Earth Science News .
WATER WORLD
World Bank freezes funds for DR Congo dam project
by Staff Writers
Washington (AFP) July 26, 2016


The World Bank has frozen funding for a massive dam project in the Democratic Republic of Congo after the government altered plans for the project.

The Bank said in a statement late Monday that is was suspending disbursements on its $73.1 million grant aimed at funding technical assistance on the Inga-3 Basse Chute hydropower dam.

It froze the money after a DR Congo "decision to take the project in a different strategic direction to that agreed between the World Bank and the government in 2014."

It gave no details on what the problem was, but noted that its funding "aimed to support a government-led process for the transparent development of Inga-3 BC as a public-private partnership."

Only six percent of the funds have been disbursed so far, the Bank said.

The Inga 3 Basse Chute project is designed to boost power supplies to a region starved of electricity.

It would divert Congo River waters into a 12-kilometer (7.5-mile) channel and then pass them through a 100-meter-high (330-foot) hydropower dam in 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.

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

The World Bank said it remains committed to supporting the DR Congo.

"The World Bank Group is in a continuing dialogue with the Government about the implementation arrangements of the project, with the goal of ensuring that it follows international good practice," it said.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


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
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
WATER WORLD
Uproar as Albania to dam Europe's 'wildest river'
Kut, Albania July 17, 2016
"This river will bury the living and the dead," sighed Enver Vasilaj, 93, standing by the Vjosa, one of Europe's last wild waterways, which runs uninterrupted from its source in northwest Greece to the Adriatic Sea. Vasilaj is among many residents of the remote Albanian village of Kut who are worried about the impact on their lives and livelihoods of a planned hydroelectric dam at Pocem, a f ... read more


WATER WORLD
Scientists release recommendations for building land in coastal Louisiana

Study: Crumbling school buildings yield crummy scores

Taiwan buses recalled after deadly fire disaster

Ex-Marine 'assassinated' Baton Rouge cops: police

WATER WORLD
Rice's 'antenna-reactor' catalysts offer best of both worlds

'Jumping film' harnesses the power of humidity

Chemists create microscopic and malleable building blocks

Computational design tool transforms flat materials into 3-D shapes

WATER WORLD
Mines hydrology research provides 'missing link' in water modeling

Oceanographers grow, sequence genome of ocean microbe important to climate change

Oceans May be Large, Overlooked Source of Hydrogen Gas

PACE will help uncover new information about health of our oceans

WATER WORLD
A recent pause in Antarctic Peninsula warming

How meltwater from the ice sheets disturbed the climate 10,000 years ago

NASA's Field Campaign Investigates Arctic North American Ecosystems

Warming Arctic could disrupt migration patterns of millions of birds

WATER WORLD
More for less in pastures

Top cocoa grower I.Coast stung by caterpillar invasion

ANU leads effort to develop drought-proof crops

How plants can grow on salt-affected soils

WATER WORLD
Study: Magma buildup threatening Salvadoran capital

Nearly 300 dead or missing from China flooding: media

Anger erupts over government handling of China flood

Three tropical storms building in Pacific: NHC

WATER WORLD
Five missing soldiers found in Nigeria: army

Tide turns against Liberia's biggest slum

Polish millionaire seized in SSudan arms bust, say Spanish police

Mali opens terrorism inquiry after 17 soldiers killed

WATER WORLD
Biologists home in on paleo gut for clues to our evolutionary history

Early humans used mammoth ivory tool to make rope

Technological and cultural innovations amongst early humans not sparked by climate change

Genomes from Zagros mountains reveal different Neolithic ancestry









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - 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. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. 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. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.