New $350m peat power project to increase generation capacity by 40%

Rwanda’s efforts to increase power access to 70 per cent of all households in 2018 have been boosted by the signing of a $350 million (about Rwf291.6 billion) financing deal between lenders and YUMN Limited to develop an 80MW peat-fired power plant.
Rwanda, which mainly relies on hydro-power, is encouraging investment in other energy sources. (File)
Rwanda, which mainly relies on hydro-power, is encouraging investment in other energy sources. (File)
Times Reporter