Rwanda (Xinhua) -- Rwanda has
set an ambitious target to increase installed
electricity generation capacity to 563MW by 2018 which
requires massive investments worth three billion U.S.
To achieve the planned generation by
next year, the central African country is set to host a
high level energy investment meeting slated for November
1-2 in the capital Kigali.
The energy infrastructure event organized by
Spintelligent, Cape Town-based trade exhibition and
conference organizer, and the African office of Clarion
Events Ltd, based in the UK is expected to gather
investors from all over the world to look into
strategies to increase private investment into Rwanda’s
power sector and discuss the private sector’s role in
energy infrastructure development.
Presently, Rwanda energy production capacity is about
161 megawatts, up from 50 megawatts which were available
Speaking to reporters on Monday, Jean Bosco
Mugiraneza, chief executive of Rwanda Energy Group said
the forum will provide market entry for both local and
foreign investors towards exploring potential energy
investment opportunities in Rwanda.
"To achieve the electricity generation target
outlined in the national electricity rollout plan,
significant private sector investment is required.
Rwanda has created an environment in which the private
sector can thrive, by limiting corruption and developing
transparent regulatory frameworks," he noted.
The conference which is going to be held in Rwanda
for a third time will lay a platform for networking
opportunities between investors and the government to
engage in credible business consortiums designed to
deliver a viable investment and delivery plan to
progress Rwanda’s energy mandate.
The meeting will also showcase the progress made and
the work still to be undertaken to deliver on Rwanda’s
development agenda of Vision 2020, which is to achieve
70 percent electrification connectivity by 2018 from 24
percent at the moment.
To support Rwanda energy capacity increment, in
December last year the World Bank approved 95 million
U.S. dollars for Rwanda’s energy sector.
In May this year, Rwanda unveiled a mega methane gas
power plant-the Kivu-Watt Gas Power project which is
expected to produce 100 megawatts from Lake Kivu,
Karongi district, western province, the world’s only
methane rich water body.
Rwanda is also set to import 30 megawatts from Kenya
on a five-year long arrangement, which is expected later
The country also plans to import 400MW of power from
Ethiopia by 2018, aimed at increasing electricity supply
in the country, especially for industrial use.
In February last year, Rwanda unveiled 23.7 million
U.S. dollars solar power plant, the first of its kind in
the region and the third in Africa after the ones in
South Africa and Mauritius.
The utility power located in Rwamagana district,
eastern province that was developed by the
Netherlands-based company, Gigawatt Global, adds 8.5 MW
to the national electricity grid.