Uganda Electricity Generation Company Limited has secured Shs2.7bn grant from Sweden’s Swedfund to conduct feasibility studies for floating solar development in the country. | THE INDEPENDENT | UEGCL Chief Executive Officer, Harrison Mutikanga and the Sweden Ambassador to Uganda Maria Hakanson signed memorandum of understanding in Kampala on Oct.12. “The …
Read More »Traditionalists mourn Bujagali oracle Nabamba Budhagali
Kampala, Uganda | THE INDEPENDENT | Scores of traditional healers and spiritualists from Busoga region have pitched camp at Bujagali village, Budondo sub-county, Jinja district to celebrate the life of their leader, Budhagali Nabamba. Born Donozio Namunkanga Mukembo Zirabamuzale, the spiritualist, breathed his last on Saturday night after suffering a …
Read More »Karuma, Isimba and electricity tariffs
New investors could trigger a drop in electricity costs Kampala, Uganda | ISAAC KHISA | Uganda’s planned commissioning of the multi-million dollar Isimba and Karuma Hydropower projects on the downstream of River Nile is expected to put government on the spot as sector players expect electricity tariffs to reduce. The …
Read More »UEGCL rushes CDAP plan ahead of Isimba launch
It remains unclear on how much consumers will pay for the electricity generated even as UEGCL plans to sell electricity to the national grid at US4 cents per unit Kampala, Uganda | ISAAC KHISA | The multi-billion dollar Community Development Action Plan at Isimba Hydropower Project has started, clearing the …
Read More »Muhakanizi, Isabalija ‘fight’ sparks Shs 30bn UEGCL audit
Finance PS controls government purse, but new Energy PS has Museveni’s ear A stealth fight is brewing between new Energy Ministry Permanent Secretary, Stephen Isabalija, and veteran Secretary to the treasury, Keith Muhakanizi, with insiders saying it threatens to hurt implementation of government projects worth billions of shillings, if not …
Read More »Can Uganda survive with highest electricity prices in EA?
Recent hike means current tariff structure could end up killing industries The cost of production in Uganda could soon rise as government continues to increase electricity tariffs amidst dwindling production due to low consumer demand. Analysis by The Independent shows that the government has increased electricity tariffs by over 22% …
Read More »Kiggundu moves to fix Karuma dam cracks
Museveni’s new team at Energy ministry grills Chinese contractors The midday sun is beating down hard at Karuma; site of what will be Uganda’s biggest electricity dam; the 600MW Hydropower Dam under construction. Gargantuan tower cranes stand several feet high, hoisting thick blocks of pre-fabricated concrete and iron bars atop …
Read More »Inside the Shs1.4 trillion Bujagali deal
Unclear aspects to the sale of a stake of Bujagli Electricity Limited (BEL) by American company Sithe Global to Norway’s SN Power have made President Yoweri Museveni suspicious. He has asked investigators to look into certain controversies surrounding it, an investigation by The Independent reveals. At the moment, sticking issues …
Read More »Bujagali sale goes bad
Bujagali sale goes bad: President Yoweri Museveni’s push to cut the cost of power from the 250 MW Bujagali dam has put him at the centre of a fight with investors and technocrats at the Energy Ministry over the sale of a stake in the dam project writes Haggai Matsiko …
Read More »Why Top Bujagali investor quit
Norwegian firm SN Power set to consolidate position in Ugandan economy, writes Isaac Khisa SG Bujagali Holdings Ltd, a company incorporated in Mauritius and which partially owned interests in the 250MW Bujagali hydropower project is bowing out. The firm, an affiliate of Sithe Global Power, part of Blackstone Group, the …
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