Rwimi Small Hydro Power Project


Rwimi SHPP is a small hydro power project that will be developed in western Uganda near the city of Kasese by Eco Power Holding ltd., an experienced Sri Lankan hydro power developer. It is a 5.6 MW greenfield project with 2 turbines expected to generate a total of 28 GWh per year. The Ugandan national transmission company UETCL will buy the energy generated by the project. Rwimi is an illustration of South-South collaboration, with a Sri Lankan company expanding its operations in Eastern Africa, with the support of BIO’s financing.

The Rwimi project has been selected for support by the GET FiT Uganda program after a competitive request for proposals. The GET FiT Uganda program facilitates the development of small-scale renewable energy private projects through the provision of a performance-based subsidy payable on top of the standard feed-in-tariffs as defined by the Ugandan regulator. GET FiT is supported by international donors under the lead of the German development bank, KfW. This program is considered as a model to foster development of small scale renewable energy projects, with 17 project selected in 4 rounds with an accumulated 152 MW of installed capacity or 852 GWh annual generation and four supported technologies. The Rwimi project was among the first projects selected and has thus spearheaded the rollout of the program.

BIO is co-financing the project with the Norwegian development bank, Norfund. BIO provides the senior debt while the mezzanine financing will be brought by Norfund.

The project will positively impact Uganda’s development as it will add to the energy generation generating capacity with clean energy, reducing the reliance on thermal power plants. This clean energy will supply to commercial and industrial enterprises, which consume two-thirds of the electricity in Uganda. Unreliable electricity supply is considered as one of the most important factors affecting business of large, medium and small enterprises.

  • Investment amount (€):

    USD 13 million

  • Contract signature :


  • Nature of intervention :

    Senior debt

  • Development impacts :

    • 1 — Increase access to energy for enterprises and consumers
    • 2 — Increase supply of clean energy (hydro power)

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