Uganda will start supplying electricity to the Democratic Republic of Congo (DR Congo) in the next three years, reports the Daily Monitor.
Uganda signed the Memorandum of Understanding (MoU) to provide power to eastern Congo last week.
“The financing of the project will be about $150m. Of that amount, Uganda will contribute about $22m and the rest will be the responsibility of DR Congo government. Once that funding is secured, it will take two years to complete the project, which could be by end of 2019 or there about,” said Uganda’s Energy minister Irene Muloni.
Uganda will finance with money borrowed from the African Development Bank.
Uganda is working towards completing the Karuma, Isimba and other small power dams to produce power which would be exported.
Ugandan launched of the ISO certification of Uganda Electricity Generation Company Limited (UEGCL) in Kampala last Friday. The ISO 9001: 2015 certification means implementation, monitoring, procurement and human resource management of the power generation corporation will be streamlined to international standards.