Kinshasa — The Democratic Republic of Congo (DRC) has decided to more than double the size of its planned Inga 3 hydroelectric plant to make it more economical, after the $14bn project was hit by financing problems. Inga 3 is part of a $50bn-$80bn project to expand hydroelectric dams along the Congo River, but the project has repeatedly been delayed by red tape and disagreements between the DRC and its partners on the project. A consortium led by China Three Gorges Corporation and another consortium that includes Spain’s ACS (Actividades de Construccion y Servicios SA) have been vying to develop the project. They will now submit a joint bid on the expanded project in September, the project’s director said on Wednesday. Bruno Kapandji, director of the Agency for the Development and Promotion of the Grand Inga Project, said the plant would be built to produce between 10,000MW and 12,000MW of power, more than double the originally planned capacity of 4,800MW. Increased capacity would h...

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