NEWS

GROUND BREAKING CEREMONY

Gisagara, 9thMay 2017 The launching took place in Gisagara District on this Tuesday, 9th May 2017 where the Minister of Infrastructure, Honorable James Musoni together with other Officials and various partners on the project broke the ground at the construction site in Mamba Sector alongside Akanyaru...

Reaching Financial Close

YUMN Ltd. is pleased to announce that it has achieved Financial Close as of 31 January 2017. Achievement of Financial Close constitutes an important milestone to start construction of the Project. The construction will start by early March 2017 and is expected to take circa...

Signing in Rwanda

On November 2016, security documents have been signed. Registration process for each finance and security documents was undertaken. This signature is one of the latest milestone to reach the financing close. ...

POWER PURCHASE AGREEMENT

On Feb 10, 2016, Amendment and Restatement Deeds for Power Purchase Agreement, Concession Agreement and Government Guarantee have been signed. This signature represents an important milestone towards closing the financial agreements with the Lenders. ...

ACCESS ROAD UPGRADE KICK-OFF

On March 23rd, the Rwanda Transport Development Agency (RTDA) launched the upgrade of the 30km long Save-Mamba road. This piece of infrastructure is crucial for the timely implementation of the HQ Power project since it will constitute the main access to the power plant site,...

MEMORANDUM OF UNDERSTANDING FOR THE CONSTRUCTION

The Project Company, YUMN LTD, executed with Shapoorji-Palonji Group (SP Group) a memorandum of understanding for the construction of the power plant on a turnkey EPC basis.SP Group is a 150 years old Indian conglomerate with a wide range of services ranging from construction to...

PROJECT PRESENTATION

PROJECT PRESENTATION « A quick glance at our project… Confidentially! »     [qbutton size="medium" style="" text="DOWNLOAD" icon_pack="" fa_icon="" fe_icon="" icon_color="" link="http://yumnpower.com/wp-content/uploads/2015/01/Project-Presentation.zip" target="_blank" color="" hover_color="" border_color="" hover_border_color="" background_color="" hover_background_color="" font_style="" font_weight="" text_align="" margin=""]  ...

Visit by the Burundian and Rwandan Delegations to the Project Site

On December 22nd, 2014, the delegations from the Government of Burundi,accompanied by the delegation of Rwanda and YUMN Ltd. has made a site visit in order to understand the methodology and the technology to be used in the project. The Burundian Delegation included Minister of Energy...

Rwanda Power & Infrastructure Investment Forum

On 3rd November 2014, Hakan Karasoy, Vice-Chairman at Hakan and Director of Yumn Ltd, presented the HQ Power project during the iPad conference in Kigali. Mr Karasoy was also interviewed by the Rwanda Times on his perception of the Rwanda market as a foreign investor. ...