× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS

Uganda to privatise electricity sub-sector

By Reuters | May 18th 2020

Uganda has said it is preparing to open up transmission of electricity to private investors, with officials saying the sector needs billions of dollars in fresh capital.

Growth in transmission infrastructure has fallen behind generation and distribution, which have attracted substantial investment, especially from China, after the government partially privatised them in the 2000s.

An internal March 2020 report by the Electricity Regulatory Authority (ERA) seen by Reuters shows the country’s power transmission sector needs at least $2.5 billion (Sh266 billion) fresh investment over the next seven years.

The report said if the sector is not opened up to private investment there is a risk that power plants under development may be completed and start producing power before required transmission lines are in place.

“The government is exploring the possibility of opening up electricity transmission to private investment,” ERA spokesman Julius Wandera said.

Share this story
KeNHA kicks off road to link four Mt Kenya counties
Mau Mau highway will cut through the Aberdares at projected cost of Sh30 billion.
Absa Bank net profit for 3 months up 24pc
The performance was mainly driven by growth in interest income, particularly in the small and medium enterprises.