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 triggered significant concerns in India and Bangladesh, who fear it could threaten water security for millions downstream and disrupt regional ecosystems. Environmentalists and human rights advocates have also raised alarms about the project's potential impact on local communities and the climate, citing a lack of transparency and consultation. While China touts the dam as a major step toward renewable energy and green finance, critics warn of geopolitical tensions and environmental risks.
The project has also led to a surge in related stocks and is expected to reshape energy and water dynamics across South Asia.
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