Construction of Uganda’s much- needed Bujagali Hydropower Plant has finally kicked off in a bid to address the deepening power crisis that is threatening the country?s economic growth. The construction of the USD 750 million project was launched on Aug. 21. The 250 MW power project is considered an integral component of the country’s strategy to close an energy supply gap that constrains social and economic development. The project is being financed by the government, the World Bank and a consortium led by Kenya-based Industrial Promotions Services Ltd. (Xinhua)
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