Thursday, May 3, 2007

Uganda gets $110 mln AfDB loan for power plant

(Reuters) - The African Development Bank (AfDB) has approved a loan to Uganda worth $110 million to finance the construction of a power station and transmission lines, the bank said.

The project involves building and operating the 250-megawatt electricity plant and linking it to the national grid with transmission lines and sub-stations, the Tunis-based bank said in a statement late on Wednesday.


Read more at Reuters Africa

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