ads. Buy-Import-Export Premium Grade UGANDA VANILLA BEANS                           Buy-Import-Export Un-Refined Raw SHEA BUTTER 

Kakira Sugar Uganda Limited signs agreement to produce 20MW Cogen Baggasse Electricity

By Moses Mugalu
Kakira Sugar Limited has signed an agreement to produce 20MW at a subsidised rate. In April, Kakira Sugar Ltd signed the first Developer Financing Agreement for a bagasse cogeneration under the GET FiT Support. The GET FiT programme was designed to leverage more private investment into renewable energy generation projects in Uganda.

GET FiT is being supported by Norway, the United Kingdom and Germany as well as the World Bank through their Partial Risk Guarantee instrument.

Kakira will enjoy a 50 per cent front end subsidy payment on top of the $8.1 cents per KWh paid by the off-taker - the Uganda Electricity Transmission Company Ltd. Kakira Sugar Limited issued a $30m 10-year corporate bond on the Uganda Securities Exchange in 2013 as the company sought funds to expand its businesses.


Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Energy Guide News Updates & FAQ .

Haven't yet found what you Want...?

If you haven't yet found what you were looking for or you need detailed information about the subject matter on this page


feel free to ask our business travel consultants.