Thursday, 14 November 2013

Uganda Power Report Q1 2014

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Uganda Power Report Q1 2014
Nov 13th 2013, 00:00

Price: $ 1295  

BMI View: Our core views and forecasts for Uganda remain virtually unchanged this quarter. Uganda's plans to double the size of its power grid and news that the construction of the long-planned 600MW Karuma Dam started in August, align with the country's efforts to increase electricity generation capacity, cut transmission and distribution (T&D) losses and power the nascent oil sector. While the power sector is currently ill-equipped to deal with rising domestic demand, suffering, as it does, from years of underinvestment, news that these projects are proceeding creates upside risk to our outlook for the power sector. Furthermore, with the much-delayed development of the country's oil industry starting to gain momentum now that disagreements about pipeline infrastructure and refinery construction ...

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