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Massive New Hydro Project In Uganda?


A Chinese firm has applied to Ugandan authorities for a licence to develop a $1.4 billion hydropower plant that could potentially expand the country’s generation capacity by 40% according to a regulatory official and papers seen by Reuters. The firm, PowerChina International Group Limited (PIGL), wants to develop the Ayago Hydroelectric Power Station, located on a section of River Nile between the lakes Kyoga and Albert, according to its licence application seen by Reuters on Tuesday.