Chairman Uganda Chamber of Mines & Petroleum Elly Karuhanga has warned that the level of preparedness in the local oil sector is below par. “The level of preparedness is still low since only 25 firms were found eligible to supply the industry. Local suppliers aren’t equal to the task to …
Read More »The Truth about Karuma, Isimba mess
Karuma, Isimba mess: President Museveni directed officials at the Energy Ministry to hand over implementation powers of the billion dollar Karuma and Isimba projects to power generator, UEGCL, in a bid save them but the officials remained adamant weeks later. Energy ministry officials defy Museveni on botched billion dollar project …
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 …
Read More »Venezuelans get Fridays off for two months to save energy
Caracas, Venezuela | AFP Venezuelan workers will get Fridays off for the next two months as part of an emergency plan to save electricity, the president said. Venezuela has the world’s largest proven oil reserves but its economy is a mess, with rampant inflation, shortages of goods as basic as …
Read More »SN Power ready to take on Bujagali power challenge
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 …
Read More »Universal access to energy will spur economic growth-WWF
By Julius Businge David Duli, the Country Director for World Wide Fund Uganda has added his voice to those that say energy access is critical in spearheading Uganda’s socio-economic transformation. “It fuels industrial growth which in turn creates jobs and boosts economic growth,” he said. Duli was speaking at the …
Read More »Politicking in energy sector
By Nicholas Opiyo WENRECo needs government support in West Nile electrification plans Recently, West Nile Rural Electrification Company (WENRECo) applied for a tariff review to the Electricity Regulatory Authority (ERA). This follows earlier attempts in 2008 and 2010 to increase the tariffs both of which were deferred by the power …
Read More »Energy’s top spot leaves concerns
By peter nyanzi With an allocation of more than Shs 850 billion for construction of the Karuma hydro power dam and other projects, the energy sector emerged one of the main winners of the 2011/2011 budget, but a reduction in power tariffs and electrification of rural areas, looks increasingly unlikely …
Read More »Row over Energy ministry bids for Jinja fuel reserves Another blunder by the government?
BY HAGGAI MATSIKO Long-serving Ministry of Energy Permanent Secretary, Fred Kalisa, is considered by many people to be very smart. However, if he was employed in the private sector, he would have been fired for the various failures in his ministry. He was in charge when, despite protests and advice …
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