Privately financed Norwegian power plant in Africa
The plant is built using modern Norwegian technology and expertice. It will increase Uganda's total el-production by seven per cent. - This is the first time in history that Norwegian investors build a hydr power plant in Africa. Cooperation between private and public sectors is desicive for development in developing countries. In Africa there is a great need for environmental friendly and renewable energy. I hope for more similar investments, Minister Solheim says. The new power station is the result of cooperation between the Norwegian energy producer TroenderEnergi and the Norwegian State investment Fund NorFund. On his visit to Africa, Solheim has also visited Burundi, in a follow-up of the Norwegian engagement in the peace process in this country. (Press release) Rolleiv Solholm
Tuesday, 06 October 2009 10:02
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Norwegian Minister of International Development, Erik Solheim is this week opening the first Norwegian hydro power plant in Africa financed by private industry. It is located in Kasese, Western Uganda.
Norwegian economic aid to developing countries has increased dramatically since the beginning in 1962.
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Norwegian Foreign Minister Jonas Gahr Støre says relations between Norway and Poland are continuing to grow in both breadth and depth.
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Norwegian Telenor Group reported revenues of NOK 25.1 billion, representing an organic revenue growth of 8% in the first quarter of 2012.
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The Norwegian Government has proposed to Parliament (Storting) the establishment of a new state-owned company to manage the Norwegian state-funded export credit scheme. (Photo: Minister of Trade and Industry, Trond Giske)
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The Kongsberg Group has booked an order on the remote weapons stations (RWS) valued at NOK 100 millions from the French Renault Truck Defense.
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Newsprint and paper producer Norske Skog has entered into an agreement to sell the Follum site to Viken Skog, which has announced ambitious, future plans for the plant.
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