POWER SECTOR: Is cost reduction possible?
There are hopes that the cost of power will go down by at least 18%, at least after the government took over operations of the Namanve based 50MW thermal power plant. UEGCL officials toured the plant on the weekend and say plans are underway to ensure the lowering of operational costs and improved staffing. This is as businesses struggle with high tariffs. Available information indicates power generation costs account for nearly 60% of overall tariffs.