A Turkish company has been awarded the contract to build the 600MW Ayago hydroelectric power dam in Nwoya district at a cost of US$ 1.9 billion.
A memorandum of understanding was signed at State House, in Entebbe on Saturday between Mehmet Nazif Gunal on behalf of the investor Mapa Construction Company, and government represented by the Minister of Energy and Mineral Development, Eng. Irene Muloni.
“The most important thing in this project should be efficiency”, the President was quoted as saying during the signing ceremony.
According to the company, the project will soon take off. Museveni, who witnessed the signing pointed out that the Government of Uganda is desirous to have the project take off immediately without delay so that Uganda increases electricity production.
Present at the ceremony were officials from the Ministry of Finance and as well as the Ministry of Energy.
Mapa Construction Company, through its contracting firms, has successfully completed superstructure and infrastructure projects including skyscrapers, and other buildings of all kinds, commercial centres, industrial plants, dams, hydroelectric power plants and irrigation systems among others in a number of different places.
According to an earlier plan, the project is expected to be developed in two phases with Ayago North to have a capacity of 350MW, and Ayago South with an expected capacity of 250MW.
Source The New Vision