Uganda Starts Developing $900M Hydropower Plant

Law360, New York (February 2, 2012, 3:14 PM EST) -- Uganda on Thursday reportedly commissioned the first phase of electricity production at a new $900 million hydropower plant to help ease the country's acute power shortage.

The first 50-megawatt phase for the 250-megawatt Bujagali Hydropower Project was started Thursday after more than two years of delays due to technical glitches and opposition from environmental groups, reported Dow Jones. The project is a development by Bujagali Energy Ltd., a company jointly owned by affiliates of The Blackstone Group's Sithe Global Power, LLC and the Aga Khan Fund...
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