Energy Minister Dr Ruth Nankabirwa has toured the Nyagak III hydro power plant in Zombo district.
During the inspection of the project, Nankabirwa expressed happiness with the progress of work undertaken so far and pledged to convince the ministry of finance to release the 28bshs to finalize the project.
The minister said that once the project is completed later this year government will be in position to connect and supply enough electricity to the West Nile region.
The proposed 6.6 MW Nygak III Small Hydropower Project (SHPP), located on Nyagak River in Paidha Sub-county, Zombo District, is being developed as a Public- Private Partnership by the Special Purpose Vehicle (SPV) formed between UEGCL and the procured Private sector Partner.
UEGCL with support from KfW procured International Finance Corporation (IFC) as Transaction Advisor to assist with the procurement of the Private Sector Partner. The procured Private Partner was tasked to design, construct, and operate the plant for a period of 20 years after which the plant shall be transferred back to UEGCL.
