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 …
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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 …
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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% …
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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 …
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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 …
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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 …
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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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SN Power Company from Norway are set to take over the development of the Bujagali hydro-power station in Jinja from SITHE GLOBAL Company. The Norwegian hydro power investors led by the Chief Executive Officer of SN Power Company Torger Lien on Thursday briefed President Yoweri Museveni on their plans. Museveni assured …
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By Andrew M. Mwenda The argument sounds attractive, but the numbers and the history of nationalisation say different Recently, media reports indicated that government of Uganda would like to buy Bujagali dam from Bujagali Electricity Limited (BEL). This follows recent trends by the state to own and manage the main …
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By Agather Atuhaire Why are experts against it? Uganda’s electricity sector is grappling with a problem most of its sector experts are accustomed to debating about; finding the best way to lower the cost of generation. The options being debated include an unusually tricky question; whether the government’s alleged secret …
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The Independent Uganda: You get the Truth we Pay the Price