Fresh row at Karuma hydropower project over unpaid insurance premiums
A downstream channel at the 600 megawatts Karuma dam project. The power project is once again embroiled in controversy, this time over an insurance contract. PHOTO | MORGAN MBABAZI
In circumstances that mirror the procurement wrangles that characterised the award of the construction contract to Chinese civil contractor Sinohydro, the 600MW Karuma power project is once again embroiled in controversy, this time over an insurance contract.
The EastAfrican has learned that Sinohydro has failed to pay premiums to a consortium of 23 insurance and re-insurance companies, and is instead questioning the 2013 contract.