The company’s financial performance for the fiscal year 2022/2023 demonstrated robust growth, with a remarkable 63% increase in revenue, reaching Shs343.7 billion Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Generation Company Limited (UEGCL) is poised for transformative growth and sustainability as it implements its strategic plan for the period …
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Despite many achievements, Uganda still faces daunting challenges, particularly with an installed generation capacity per capita of 40 MW per million people—one of the lowest in Sub-Saharan Africa. COMMENT | By DR HARRISON MUTIKANGA | The strides made in Uganda’s electricity subsector over the last two decades are commendable; witnessing a …
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Jinja, Uganda | THE INDEPENDENT | Eskom Uganda has today handed back Nalubaale and Kiira Hydropower Plants to Uganda government. Eskom Uganda’s 20-year concessions to manage and operate the facilities have come to their natural end this month. The firm has managed the Nalubaale (Owen Falls Dam) and Kiira HPP …
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Kampala, Uganda | ISAAC KHISA | State-owned Uganda Electricity Generation Company has maintained a growth trajectory in its annual performance with the latest financial results indicating a 24 per cent growth in income to Shs 210.9billion for the year ended June.30. The company attributes increase in income to a surge in …
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The electricity firm H1 profits increased by 33% to Shs64bn Kampala, Uganda | THE INDEPENDENT | Electricity distributor, Umeme, has withheld payment of an interim dividend to its shareholders despite recording a 33% growth in profit after tax to Shs64bn for the six months period ending June.30. The company executives …
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The energy minister says nobody will be punished until investigations are concluded | THE INDEPENDENT | The abrupt shutdown of the 183MW Isimba hydropower plant on Aug.08 continues to cause anxiety amongst Ugandans, with many urging authorities to penalize those that caused the error. However, speaking as the main guest …
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Kayunga, Uganda | THE INDEPENDENT | Government has shutdown the 183MW Isimba Hydropower Plant in Kayunga district. In a notice to the general public on Tuesday, Ruth Nankabirwa, the Minister of Energy and Mineral Development revealed that the plant was shut down on August 8th 2022 following operational challenges that led …
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| THE INDEPENDENT | Uganda Electricity Generation Company Ltd (UEGCL) has commissioned the newly constructed school facilities at Purongo Primary School and Diima Primary school in Nwoya and Kiryandongo Districts respectively. Nwoya and Kiryandongo are among the three districts besides Oyam hosting 600MW Karuma Hydropower Dam on River Nile. The …
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The contractor set to come up with a new commissioning plan Kampala, Uganda | ISAAC KHISA | Karuma Hydropower Dam, the country’s flagship power project, now has all identified defects fixed but it is likely to miss the June 2022 target date for commissioning. Executives at the state-run Uganda Electricity …
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The government took over operation and maintenance of a 50MW Namanve Thermal plant last month Kampala, Uganda | ISAAC KHISA | South African electricity firm, Eskom, will cease to operate and maintain Kiira and Nalubaale Hydropower Dams in eastern city of Jinja once its concession comes to an end next …
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