Saturday , July 6 2024
Home / Tag Archives: electricity (page 18)

Tag Archives: electricity

Electricity boom in 2018

 Karuma, Isimba hydropower projects to add 783MW Kampala, Uganda | JULIUS BUSINGE | Uganda’s electricity supply is expected to increase later this year as government switches on Isimba and Karuma hydropower dams amidst low electricity demand. The government is set to launch Isimba (183MW) and Karuma (600MW) hydropower dams – …

Read More »

Burkina Faso launches Sahel region’s largest solar power plant

Zagtouli, Burkina Faso | AFP | West Africa’s biggest solar power plant goes onstream on Wednesday as Burkina Faso, one of the world’s poorest countries, inaugurates a novel scheme to boost renewables and cut energy dependence on its neighbours. The 55-hectare (135-acre) plant at Zagtouli on the outskirts of the …

Read More »

Umeme investment in power distribution infrastructure paying off

Kampala, Uganda | THE INDEPENDENT | Umeme Limited Nov.16 held a media dialogue to highlight the utility’s investments in the power distribution infrastructure. Speaking at the event, Managing Director Selectino Babungi said Umeme had cumulatively invested over $500m in the distribution network. He revealed that the investments have led to the doubling …

Read More »

Inside Umeme’s Shs47.5bn loss

  UMEME: Company fails to win court case against ERA, writes off Shs115.3bn from its balance sheet  Kampala, Uganda | JULIUS BUSINGE | Electricity distributor, Umeme Limited, recorded a first ever loss since it listed its shares on the Uganda Securities Exchange and the Nairobi Secures Exchange five  years ago. …

Read More »

China merges energy giants into global leader

Beijing, China | AFP | Chinese authorities have approved a mega-merger between the country’s largest coal producer and a top electricity firm, the government said Monday, reportedly creating the world’s biggest power company in terms of capacity. The tie-up between the two state-owned companies — coal producer Shenhua Group Corp. and …

Read More »

Egypt delivers fuel to ease Gaza electricity crisis

Rafah, Palestinian Territories | AFP |  Egypt began on Wednesday to deliver a million litres of fuel to Gaza, a Palestinian official said, in an attempt to ease the Palestinian enclave’s desperate electricity crisis. The fuel, trucked in through the Rafah border between Egypt and Gaza, will be routed to …

Read More »

ECONOMY: Museveni optimistic Kasaija’s budget will deliver

President Yoweri Museveni has reassured the country that recent investments in infrastructure across the country is the right foundation needed for the country’s economy to boom again. “I am very optimistic because for the first time we have got a base which we have not had before,” Museveni said in his remarks …

Read More »