The Ministry of Energy and Mineral Development has set out to reduce the cost of power particularly for manufacturers from 8.7 cents per unit to 5 cents in its effort to contribute effectively to the national economic recovery following a devastating Covid -19 pandemic that is sweeping across the country.
In its priorities for the next five years 2021-2026, officials at the Ministry of Energy stated that the sector has identified within its policy goals the key areas of focus which include tariff reduction to make electricity affordable especially for manufacturers .
The sector will also work to develop power generation, transmission and distribution infrastructure to support value addition; promote the use of renewable energy and energy efficiency and reduce the share of charcoal and fire wood from 85% to 50%.
In the oil and gas sub-sector ,emphasis will be placed on construction of production, transportation and processing infrastructure while under the mineral development sub-sector the ministry will undertake to complete the airborne geophysical survey of the Karamoja region, put in place a modern mineral laboratory as well as mineral beneficiation centers in the country to add value to the mineral reserves being discovered.
