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Uganda Gets Shs417 Billion for Electricity

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Tuesday, 13 December 2016

Uganda Gets Shs417 Billion for Electricity

Despite the current economic hardships in Europe, the Western donors have continued to provide development aid to Uganda, with Germany and France providing 110 million Euros (Shs417b) for electricity project in western Uganda to foster national development. Muzizi hydropower Project (HPP) is being developed at the lower course of the Muzizi River, south east of Lake Albert located in Kibaale District, western Uganda. However, government officials say the project footprint will extend to districts of Kabarole, Kyenjojo and Ntoroko. It is designed as a run-of-the river power plant with an installed capacity of 44.7 MW and a total annual energy production of 220GWh when completed. Speaking the during the signing ceremony between Uganda, Germany and France in Kampala last Friday, Finance minister, Mr Matia Kasaija, said the total project cost is estimated at 110 million Euros, out of which KfW of Germany is providing 40 million Euros while French Development Agency (AFD), is providing 45 million Euros. At the same time KfW will provide grant funding of 5.25 million Euros.0

Source: All Africa