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Uganda: World Bank power sector development project approved

The World Bank’s Board of Executive Directors approved the Uganda Power Sector Development project today.
The Power Sector Development operation has three major components: a set of investments and policy measures designed to reduce the supply-demand gap until the Bujagali hydropower plant comes into service around 2011; financial support for the Government to absorb a part of the high costs of short-term thermal power generation; policy measures aimed at making the sector financially viable, accelerating rural electrification, and moving towards a sector-wide approach for development.

Additional information: World Bank project database
News date: 26/04/2007

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Comments and remarks to Wim Jonker Klunne

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