Search

NEWS
PROJECT | Staff Reporter, China
Published: 05 Aug 13
1702 views


Chinese to fund and build Uganda's Isimba hydroelectric dam

Dam will be Uganda’s fourth largest.

State-owned China International Water & Electric Corporation (CWE) signed a memorandum of understanding with the Ugandan government to build the dam, which is being financed by a Chinese government loan of US$570 million. The Chinese government and China's Exim Bank will provide the funds for the dam through a bilateral arrangement.

Preparations for signing a contract with CWE were ongoing and were expected to be concluded by the September.

Upon completion, the Isimba hydroelectric power dam will be the fourth largest in Uganda after the 250 MW Bujagali power project that was switched on last year, the 600 MW Karuma Dam and the 600 MW Ayago power station.

Isimba will be located 40 km downstream from Bujagali Dam. The project includes the construction of a 132 kilovolt power transmission line connecting it to Bujagali.

The hydroelectric power would be produced at 68 cents per kilowatt hour, considered the lowest in East Africa.


 



Sign up for our newsletter

 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.

Tags: China International Water & Electric Corporation, Uganda, Isimba hydroelectric dam

CO-WRITTEN ARTICLES & SPONSOR CONTENT ››

Green automation solution reduces energy consumption, lowers hardware requirements and withstands extreme operating conditions.
145 views

LATEST PROJECT JOBS »
  • No jobs posted on this category.
    PRINT ISSUE »

    Subscribe Now
    How China’s energy shift will affect the country’s decelerating economy

    5 views

    USD 13.6 billion investment to make SEA the world’s next smart power hub

    4 views

    India’s stiff renewable energy ambitions

    7 views

    close Don't Show Again

    STAY INFORMED! Get our free weekly newsletter