How $900 Million BUJAGALI Hydropower Dam Investment Project Saved Uganda and East Africa Electricity

Sdílet
Vložit
  • čas přidán 6. 09. 2024
  • The economy of Uganda and its capital city of Kampala has seen tremendous growth and development from infrastructural mainly Uganda infrastructure projects, Uganda investment opportunities and the Ugandan investment authority, some investment coming from China, the European Union and the Africa Development bank, world bank and international monitory fund. One of such projects in The Bujagali Dam Project in Uganda. The Bujagali hydropower dam on the River Nile in Uganda was initially approved in 1994 as the lowest cost option to increase power production in the country. Construction eventually began in 2007 and the government finally inaugurated the dam in October 2012. The project faced numerous economic, environmental and social challenges, which combined to delay its progress, and it also underwent investigations over bribery claims and external reviews of its capacity and design. These explain the 18-year gap between its approval and completion.
    The government initially approved the Bujagali hydropower dam on the River Nile in Uganda in 1994 as the lowest-cost option to increase power production, and thus increase access to electricity in the country while reducing cost. It was finally completed in 2012 after 18 years of controversy that delayed the dam's construction.
    Share video using this link: • How $900 Million BUJAG...
    #BujagaliDamProject #Uganda #ChineseInvestments #AFDB
    The project involved the development of a 200-250MW hydropower plant on the Nile, about 8 kilometres downstream of the existing Kiira Power Station. It also included construction of a 100 kilometre transmission line, substations and other associated works.
    AES Nile Power (AESNP) was intended to be the first company to undertake the project, but in 2001 a World Bank inspection panel found AES to have “performance shortfalls in the dam implementation in relation to social, economic and environmental aspects, including evidence of corruption and failure of financial disclosure to the World Bank Group. AES pulled out of the project in 2002, and as a result, the dam project stalled for five years.
    After the withdrawal of AESNP, the Ugandan government decided to split the project into two separately funded but connected projects. In 2005, the project was restarted, and consisted of two parts:
    The Bujagali Hydropower Project (BHP), commissioning Bujagali Energy Limited (BEL) to construct and operate the dam and power plant;
    The Bujagali Interconnection Project (BIP), under the responsibility of the Uganda Electricity Transmission Company Ltd. (UETCL), a state-owned enterprise.
    These projects had their own funding arrangements. “The African Development Bank (ADB), the World Bank and other lenders finance the BHP, while the African Development Fund and the Japanese Bank for International Cooperation finance the BIP.
    The cost of the project increased from USD580 million at inception to USD860 million and finally USD902 million (USD3.6million per MW) at completion. Independent investigations by the Ugandan parliamentary ad-hoc committee on energy put the dam's actual cost at USD1.3 billion (about USD5.2million per MW)
    There are however some best places to visit in Uganda like Kibale National Park, Ssese Islands, Bwindi Impenetrable National Park, Murchison Falls National Park, Entebbe, Queen Elizabeth National Park, Mount Elgon National Park, Lake Mburo National Park, Mgahinga Gorilla National Park. ts abundant wildlife includes chimpanzees as well as rare birds. Remote Bwindi Impenetrable National Park is a renowned mountain gorilla sanctuary. Murchison Falls National Park in the northwest is known for its 43m-tall waterfall and wildlife such as hippos.
    I make travel and informative videos about Africa countries including economic, African cities, African capitals and African infrastructure projects. Best places to visit and live in Africa, doing business in Africa, African culture and entertainment. Hotels in Africa and best places to visit in Africa. I cover countries in africa like Ghana, Tanzania, Senegal, Gambia, Ivory Coast, Burkina Fasso, South Africa, Nigeria, Kenya, Ethiopia, Morocco, Democratic republic of Congo, Uganda, Mali Sudan, Madagascar, Zambia, Zimbabwe, Cameroon, Angola, Namibia, Rwanda, Somalia, Guinea, Tunisia, Mozambique, Botswana, Djibouti, Sierra Leon, Seychelles, Liberia, Malawi, Gabon.

Komentáře • 6

  • @EDUSPLORER
    @EDUSPLORER  Před 2 lety +3

    Share video using this link: czcams.com/video/DaKR7ApgQ-s/video.html

  • @aviationnetwork9464
    @aviationnetwork9464 Před 2 lety

    This should be Africa's first priority. Africa needs to take a closer look at its infrastructure. Good video and transformational

  • @nganyaikono8356
    @nganyaikono8356 Před 2 lety +1

    Good content, without light 💡 no development Africa should know better.

  • @apostlenelsonngabi5977
    @apostlenelsonngabi5977 Před 2 lety +1

    Thanks

  • @therealzondocommission728

    This white guy..these are the kind of white people we need in Africa. Not the gluttonous French