“Companies that are planning new nuclear units are currently indicating that the total costs (including escalation and financing costs) will go up to $8,100 per kW which translates into $9 billion for each 1,100 MW plant.
Currently, Uganda’s annual national budget is $11 billion.
Uganda has vowed not to back any country that promotes the use of nuclear energy for warfare. The State Minister for Foreign Affairs, Henry Okello Oryem, speaking shortly after a meeting with visiting Iranian Foreign Affairs minister, Mohammad Javad Zarif, says government has no problem with nuclear energy, as long as it is used only for peaceful purposes.
