Total E&P Plans to Invest USD117.4 Million in Gas Fired Power Plant in Uganda

Published: Jun 15 2017
Deal Summary

Total E&P B.V., a provider of oil and gas exploration and production services, intends to invest USD117.4 million in the construction and development of a gas fired power plant situated in Buliisa District, 300 kilometres northwest of Kampala in central Uganda. The total installed capacity of the power plant will be 146 MW. The investment per MW will be USD0.8 million.

The construction of the power plant is expected to begin in 2019 and is expected to be commissioned in 2020. The power generated from the power plant will be sold to Uganda Electricity Transmission Company Limited.

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