Africa Biz Construction and Business News
Uganda Announces 10-Year Plan to Invest $4.5 B in Electricity Transmission Projects
October 9, 2018
To support a long-term government objective to improve reliability of the power supply in the country, the government of Uganda just announced a plan to invest $4.5 billion over the next ten years in its electricity transmission and distribution network.
$3.5 billion of the money will used for the transmission segment of the project. The money will be used to build new substations, along with the upgrading of old substations, transformers, cables, poles, standby generators, extending the distance covered by the network, and provide for spare parts.
This part of the project will be paid for fully out of government funds.
The remaining $1 billion in funding will come from private financing sources. It will be used for the distribution part of the project.
This is all possible because Uganda has already made major investments in the power supply side of the electricity infrastructure. According to information from the Electricity Regulatory Authority, installed power capacity in the country has increased from 180MW in the mid-1990s to 932 MW today. In the near future, that will be increased by another 783 MW. That major power supply increase comes from the formal commissioning of the Karuma and Isimba dams.
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