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« World Bank adopts new strategy to combat corruption in loan program | Main | Private-public partnership: Financing facility for projects established in Pakistan »

March 21, 2007

Activists lobby World Bank to block Uganda's Bujagali hydropower project

Source: People's Daily Online

Environmentalists have written to the World Bank (WB) asking it to re-inspect Uganda's Bujagali Power Project, a move likely to cause further construction delays thus escalating the country's already acute power crisis.

According to a letter by the National Association of Professional Environmentalists (NAPE) quoted by the Daily Monitor on Tuesday, the assessment of the power project is based on non- credible basis.

"BEL's Bujagali hydropower dam project is based on flawed assumptions and data that have little or no bearing to the current situation and therefore are not an adequate basis for approval of the project," the 20-page letter titled: Request for Inspection and dated March 1, read in part.

BEL is a consortium of Industrial Promotion Services, the industrial and infrastructure development arm of the Aga Khan Foundation for Economic Development and Sithe Global, an affiliate of U.S. Blackstone Group.

Full Story...

Posted by pichu at March 21, 2007 4:09 PM