Uganda: World Bank considers grid loan
Issue 292 - 15 Jan 2015
The World Bank Group is considering a $100m International Development Association loan to support government plans to develop the national grid. The grid expansion and reinforcement project (Gerp) supports developments under the Uganda Electricity Transmission Company Ltd (UETCL) grid investment plan, which the World Bank estimates will require around $2bn of investment in the transmission network between 2013 and 2020. The Gerp will complement the $130m Uganda Energy for Rural Transformation III electricity distribution project, which is set to go before the World Bank board by June. The Gerp is expected to go before the board in October.
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