China has begun construction on what is set to become the world's largest hydropower dam on the Yarlung Tsangpo River in Tibet, a $167 billion project that could surpass the Three Gorges Dam in scale and output.
The dam, located near the Indian border, has raised serious concerns in India and Bangladesh over potential impacts on water security, downstream flow, and environmental stability. While China touts the project as a major step toward renewable energy and economic growth, critics warn of risks to biodiversity, forced relocations, and lack of transparency or consultation with affected communities. The project has also triggered a surge in hydropower and construction-related stocks, reflecting investor optimism about its economic impact.
However, the dam's geopolitical and ecological implications continue to fuel regional tensions and international scrutiny.
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