Uganda‘s Energy Ministry has announced that it is seeking contractors to construct the 700 megawatt Karuma hydropower plant.[hidepost=9][/hidepost]
Bloomberg reports bidding for the project will close on 20 October 2010. Work is expected to commence early in 2011.
Construction of the US$1.3 billion facility will be financed by the government-owned Energy Investment Fund and supervised by the Uganda Electricity Generation Co.
Uganda currently generates 361 MW of electricity, which isn’t enough to meet demand.