The government through the Ministry of Mines and Energy says it will be entering into a service-level agreement with the Northern Regions Electricity Distributor (NORED) on a grid-connection financing mechanism for rural electrification.
The Ministry will enter the agreement as of next Tuesday. Through the Solar Revolving Fund, the Ministry said it collaborates with Regional Electricity Distributors, inclusive of NORED, to provide financing to qualified individuals and businesses for grid connections.
“This Service-Level Agreement represents a pivotal moment in our national energy strategy as the Ministry, enabling the government to achieve its national goals on universal access,” the Ministry’s acting Director for the National Energy Funds, Anna Libana, said.
In addition, the Ministry stated that it identified rural electrification as a programme of critical importance to improve the livelihood of rural communities and promote socioeconomic development in the country.
Meanwhile, NORED Chief Executive Officer Fillemon Nakashole described the agreement as a strategic collaboration because it converges on the shared vision to increase access to electricity, particularly for the people in the rural communities, across areas of operation.
