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Congo tells consortia to form joint bid for Inga 3 hydro project

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HYDROPOWER
Democratic Republic of Congo on Tuesday asked Chinese and Spanish consortia vying to develop a long-delayed $14-billion hydroelectric project to join together and submit a single bid. The statement represents a new delay for the Inga 3 project, which has struggled to attract financing. Last May, the government announced plans to select a developer by October 2016 and begin construction this month.
 
 
 
 
 

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