page http://centruldedic.ro/wp-includes/http.php geneva;”>Museveni said Uganda could witness load shedding within the next two years unless other electricity projects are initiated.
prostate geneva;”>He asked Bujagali Energy consortium to consider other projects. He also urged the Aga Khan to get him investors who would add value to Uganda’s produce.
The President later formally commissioned the project.
“It’s now my pleasure to declare commissioned the Bujagali Hydro Power Project,” he said as he unveiled a plaque.
He said this occasion is of great significance, an inspiring model on how such change can be achieved.
The Aga Khan hailed the community around the project, the scientists and engineers, as well as the government of President Museveni.
He said Bujagali is a Ugandan success story, adding the project won’t stop delivering electricity but would continue to improve on the lives of the community.
Energy Minister, Irene Muloni said “the commissioning is one of the best gifts we have received as a country.”
Muloni said the ministry has won an award for promoting the Bujagali Project, and that the ministry would collect the award from the London Stock Exchange in December.
Claude Periou, the CEO of PROPARCO, said Bujagali is the kind of progress “we should all be proud of,” adding the dam would serve as a model in other countries.
President Museveni had earlier warned that “the Libya of Gadaffi had some electricity before he was killed by Western countries.”
He cautioned there was no modern life without electricity, adding people who don’t develop electricity should be taken to the ICC because people die due to lack of electricity.
Museveni was flanked by the First Lady Janet Museveni, South Sudan President Salva Kiir and Burundi leader Pierre Nkurunziza.
President Yoweri Museveni will on Monday inaugurate the Bujagali Hydropower dam along Victoria Nile River in Jinja.
The 250-megawatt power-generating facility is expected to put an end to a shortage of electricity, which has negatively affected the nation’s economy and the well-being of citizens.
Apart from increasing electricity supply, the dam’s commissioning will lead to lower electricity costs, improved air quality and increased jobs for Ugandan workers.
Approved by government of Uganda, the World Bank Group and other potential lenders in April 2007, the Bujagali Hydropower Project will also produce substantial benefits for the Ugandan national economy and local communities near the site.
In addition to direct benefits, the project will stimulate increased economic activity, producing important “macro” benefits for the national community such as sharply reducing the country’s current power deficit and significantly reducing the present use of expensive and polluting oil fired thermal power generation.
The $860m Bujagali Hydropower Project will support economic growth and job creation as well as enhance the competitiveness of Ugandan goods both regionally and internationally.
The project is also expected to meet the anticipated near-term increase in energy use in Uganda, estimated at 30-40 MW per year.
The facility benefited the residents and economies of local communities near the project site. New jobs, primarily unskilled and semi-skilled, created employment opportunities for Ugandan workers.
Over 1,000 – 2,000 workers were employed at peak times during the construction period.