By Philip Wasswa
Kayunga. President Yoweri Museveni has commissioned the Shs2 trillion Isimba Hydro Power Project that will add another 183 megawatts of power onto the national grid.
The dam is expected to increase productivity as the power tariffs will reduce from the current Shs243.43 to Shs 200.93, representing a reduction of 17.45%.
The project which started in 2013 has come to a close with the dam built and the generating equipment installed.
While addressing the gathering after a downpour that briefly disrupted proceedings, President Yoweri Museveni stated that Uganda is on a steady path to address its energy needs adding that the commissioning of Isimba and other hydropower dams will ensure Uganda generates adequate power for transformation.
The President said that electricity will play a key role in industrialization which is crucial in providing more employment opportunities and overall development.
“It is the era of big projects in Uganda and it is these projects that will aid the structural transformation of our economy. These are projects are very good for our transformation but you must work to empower yourselves from poverty through commercial projects like modern farming,” Mr Museveni stated.
The Isimba Hydro Power project cost US$567 million with 85 percent funding from the Chinese government and 15 percent from the Government of Uganda. The 47 months project period ends on 31 March 2019 and it will be interconnected to the Bujagali power dam 42 km away in Jinja.
Energy Minister Irene Muloni revealed that the Karuma Project (600MW) will be commissioned at the end of this year. Also, Agago-Achwa Project (42MW) is undergoing final commissioning test.
She stated that this will catalyse job creation as Ugandans access cheaper electricity.