The Zungeru hydropower project is estimated to generate 2.64 billion kilowatts of electricity annually.
In a document from the Chinese embassy in Abuja on Saturday, the project amounted to $1.3 billion and it is to generate 2,630 GWh energy with a total installed capacity of 700MW.
The document read, “The project which costs about $1.3bn (₦162.9 billion), is the biggest power project completed in Nigeria in the past ten years and one of the biggest power projects in Africa to avail preferential loan facility from the Export-Import Bank (Exim Bank) of China.
“The main components of the Zungeru hydropower project include a 2,400m roller-compacted concrete gravity feed dam, an underground powerhouse located behind the RCC dam, a tailrace channel, and two switchyards on both banks of the river.
“The Zungeru project is estimated to generate 2.64 billion kWh of electricity annually, which will meet close to 10% of Nigeria’s total domestic energy needs. It will also provide flood control, irrigation, as well as water supply and fish breeding facilities,” according to the document.”
