China has begun construction on what will be the world's largest hydropower dam on the Yarlung Tsangpo River in Tibet, a $167 billion project set to surpass the Three Gorges Dam in scale and output.
The dam, located near the Indian border, has raised significant concerns in India and Bangladesh over potential impacts on water security, river flow, and the environment for millions downstream. While China touts the project as a major step toward renewable energy and economic stimulus, critics highlight the lack of transparency, consultation, and environmental safeguards. The move has also triggered market surges in hydropower and construction stocks, but analysts warn of long-term geopolitical and ecological risks.
The project underscores growing regional tensions over transboundary water resources and the environmental costs of mega-infrastructure.
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