Evolution of the 250 MW Bujagali Dam – Equities com news on partnership model between the Government, a consortium of the Aga Khan Fund for Economic Development and US Blackstone affiliates

The 250megawatts (MW) Bujagali hydropower plant started commercial operation on August 1, doubling Uganda’s electricity supply.

This was after successful completion of the mandatory reliability tests run for all the five units on June 13, which confirmed that the individual units were capable of delivering the unit contract capacity of 50MW, with five units operating together.

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The project was established through a public-private partnership model between the Government, a consortium of the Aga Khan Fund for Economic Development (AKFED) and US Blackstone affiliates.

This partnership created the Bujagali Energy Limited (BEL), which will own the plant for a 30-year concession period before transferring it to Uganda for $1.

Read full article on  Equities com

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