Fortescue excluded from world’s biggest hydropower plant development

A company owned by Australian mining billionaire Andrew Forrest will no longer develop the world’s biggest hydropower project in Democratic Republic of Congo, according to President Felix Tshisekedi’s office, which has replaced the firm with a Nigerian oil producer.

Natural Oilfield Services signed a preliminary deal with Congo on May 9 to build a smaller version of Fortescue's proposed Grand Inga project, which would have generated around 40 GW of hydropower.