THE MINISTRY OF ENERGY HAS SET PRIORITIES FOR THE NEXT FIVE YEARS TO AMONG OTHERS REDUCE THE COST OF POWER FOR MANUFACTURERS

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.

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