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Monday, 24 February 2014

Rwanda secures electricity loan

Rwanda and the African Development Bank have signed a US$ 40-million dollar agreement to fund the building of a 119km transmission line from Rusumo Power Plant to Birembo substation in Kinyinya, Gasabo, via the new Bugesera International Airport sub-station.

The concessional loan will support Rwanda's electricity access programme from 17% of households to 70% by 2018. Project beneficiaries will include households, industries, small and medium-sized enterprises, and businesses which will gain access to cheaper, more reliable and sustainable electricity.

Rusumo Falls Hydroelectric Power Plant is a regional project shared by Tanzania, Rwanda and Burundi. The plant is expected to generate 80 megawatts (MW), to be equitably shared by among the three countries, each taking 26.6 MW.