Business
VP commissions third Bujagali dam unit
Publish Date: Jun 01, 2012
VP commissions third Bujagali dam unit
VP Edward Ssekandi (L), the Minister of Energy and Mineral Development Irene Muloni and BELs
  • mail
  • img
newvision

By Charles Kakamwa

Vice President Edward Kiwanuka Ssekandi has commissioned the third unit of  Bujagali hydro electricity power dam, bringing its current generation capacity to 150 megawatts.
 
Ssekandi who toured the dam yesterday expressed optimism over a boost in economic growth as a result of increased power generation and supply. He noted that for the past five years, several businesses were affected and some closed down due to constant loading shedding caused by inadequate power generation.
 
Ssekandi and several  officials including energy minister Irene Muloni were guided around the dam  by officials of Bujagali Energy Limited (BEL), the company implementing the multibillion shillings project
 
The vice president observed that with completion of Bujagali in July this year and the construction of other hydro-electricity power dams at Karuma and Ayago, there will be sufficient power generation to stimulate development,
 
"Those with plans of doing businesses and opening factories should not have fears as electricity will be in abundant supply," he observed.
 
Sekandi however challenged UMEME, the firm charged with power distribution to reduce losses incurred through distribution as a measure to contain the rising power tariffs. He added that leaders at the various levels should support efforts geared towards reduction of electricity tariffs.
 
"We have so far commissioned three units and looking forward to completion of the remaining two. Businesses suffered for a long time but there is light at the end of the tunnel," energy minister Irene Muloni added.
 
Bill Groth the BEL resident construction manager expressed satisfaction with the significant reduction in load shedding due to generation from the first three units, adding that   the fourth unit is undergoing a seven day mandatory test run.
 
When all five units are completed next month( July), Bujagali dam will be able to generate 250 megawatts of electricity, Groth said. The dam will then be commissioned by President
 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Stanbic Bank signs debut $85m  loan
Stanbic Bank Uganda (SBU) has signed an $85 million, 18-month loan to fund its general business activities, the first time it has borrowed from international loan markets, the main arranger of the facility said...
Tax on private schools starts
Efforts by educationists to block the recently restored income tax on private schools have hit a snag....
Facebook beats forecasts with strong profit gains
Facebook says profit soared on the wings of mobile ad revenue but stresses it is more concerned with investing in the future than making quick cash....
Shilling sheds 0.3% after sh180b auction
Despite an injection of sh180b to ease scarcity, the shilling lost 0.3% against the dollar on Wednesday with some traders saying yields on the recent 2 year and 10 year Treasury bond could signal lower yields going into February...
Analogue TVs to be switched off in 3 months
HOUSEHOLDS which are still using analogue television sets have barely three months to upgrade to digital if they are to continue watching television...
Apple profit hits record on
Apple's quarterly profit rocketed to a corporate record $18 billion at the end of last year on booming sales of big-screen iPhone s, especially in China....
Do you agree with the new tax on private schools?
Yes
No
Can't Say
follow us
subscribe to our news letter