Saturday, 8 August 2015

Sri Lanka's Vidullanka Plc, inks PPA with Uganda power grid

ECONOMYNET - Sri Lanka based Vidullank Plc, a mini hydro power company, said it had struck a Power Purchase Agreement (PPA) with Uganda's electricity grid to supply power from a 6.5 Mega Watt plant.

The PPA was signed on July 28, 2015 between Vidullanka subsidiary Muvumbe Hydro (U) Limited and Uganda Electricity Transmission Company Ltd.

The firm said it also had to sign an implementation agreement with Uganda's Ministry of Energy and Mineral Development.

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