Reports related to this article:
Project(s): View 2 related projects in PECWeb
Plant(s): View 2 related plants in PECWeb
Released July 31, 2013 | JOHANNESBURG
en
Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--China's International Water & Electric Corporation (CWEC) has signed a memorandum of understanding with the Ugandan government to construct the 188-megawatt (MW) hydropower dam on the River Nile. The dam project is being funded through a bilateral arrangement in which the Chinese government and China's Exim Bank will cover the dam's $350 million cost out of a $570 million loan facility.
Uganda's Energy Ministry said that a full contract for the project was expected to be concluded by the end of September, and the announcement follows the signing by Uganda of a contract with China's SinoHydro Group for the 600-MW, $1.65 billion Karuma hydropower project, also on the Nile. When completed, the Isimba project will be the fourth-largest in the country.
Isimba will be connected by a 132-kilovolt (kV) power transmission line to the 250-MW Bujagali hydropower dam, which is 40 kilometers upstream.
Local area inhabitants who are affected by the construction of the dam will receive a compensation package of $10,000 per household. They will be given three months to leave the site after receiving their compensation packages.
For related information, see July 3, 2013, article - Uganda's Karuma Hydro Project Clears Funding, Legal Hurdles.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
Uganda's Energy Ministry said that a full contract for the project was expected to be concluded by the end of September, and the announcement follows the signing by Uganda of a contract with China's SinoHydro Group for the 600-MW, $1.65 billion Karuma hydropower project, also on the Nile. When completed, the Isimba project will be the fourth-largest in the country.
Isimba will be connected by a 132-kilovolt (kV) power transmission line to the 250-MW Bujagali hydropower dam, which is 40 kilometers upstream.
Local area inhabitants who are affected by the construction of the dam will receive a compensation package of $10,000 per household. They will be given three months to leave the site after receiving their compensation packages.
For related information, see July 3, 2013, article - Uganda's Karuma Hydro Project Clears Funding, Legal Hurdles.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
