China has begun construction on what will be the world’s largest hydropower dam on the Yarlung Tsangpo (Brahmaputra) River in Tibet, with a projected cost of $167 billion.
The project is expected to generate three times more electricity than the Three Gorges Dam and is part of China’s push for renewable energy and economic stimulus. However, the dam has triggered significant concerns in downstream countries, especially India and Bangladesh, over water security, environmental impact, and potential geopolitical leverage. Critics also highlight the lack of transparency, consultation, and compensation for affected communities, as well as the risks to regional ecosystems.
The announcement has boosted Chinese hydropower and construction stocks, but the long-term implications for regional stability and the environment remain uncertain.
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