Bujagali Campaign Project Economics

Can Huge Dams Solve our Economic Problems?
A view from Save Bujagali Crusade, March 16, 2000.

Letter to International Finance Corporation
International Rivers Letter to the IFC, April 04, 2001.

World Bank Dam in Uganda Overpriced By $280 Million
Does the Bujagali dam make economic sense? A new International Rivers report analyzes the key contract of the Bujagali project, the Power Purchase Agreement (PPA), and shows that it is fundamentally flawed. World Bank Dam in Uganda Overpriced By $280 Million, the The Bujagali Power Purchase Agreement - an Independent Review, and the The Bujagali Hydroelectric Project - Power Purchase Agreement, November 20, 2002.

Review of IFC's Report "Bujagali Project: Summary of Economic Due Diligence"
The economic analysis justifying the World Bank’s involvement in Uganda’s Bujagali Dam is based on over–optimistic assumptions about growth in GDPand electricity demand. It ignores good alternatives to the project, such as geothermal. And it fails to look at the implications of global warming on the Nile’s hydrology, which could have serious impacts on the dam’s viability, November 17, 2001.

Likely Tariff Implications of Bujagali Dam
Read how a sweetheart deal for US–based AES will mean huge tariff increases for Ugandans, July 17, 2001.