Answer
It can generate 2.824MJ/s or 2.824MW power
Work Step by Step
Assuming the total conversion of the water potential energy into the kinetic and eventually electrical energy, per second.
h= 120m
m= 2400kg/s
g= 9.807
E= $\Delta$PE
$\Delta$PE = mgh
$\Delta$PE = $2400 \times 9.807 \times 120$
$\Delta$PE = 2824kj
2824kj = 2.824Mj/s
j/s=W
2824kj = 2.824MW powe