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Tag Archives: UEGCL

Electricity generation company in record Shs24bn profit

Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company Limited (UEGCL) announced on Dec.17 that it had made a net profit of Shs24.7bn for the financial year 2018/19, up from a loss of Shs10.8bn a year before. Officials said the profit, the first since the company’s inception in 2001, …

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Uganda joins international body on power dams

There is good news for Uganda which is investing heavily in the energy sector development projects to support economic activities. | THE INDEPENDENT | On June 14, Uganda was formally elected as the 101 member of the International Commission on Large Dams (ICOLD). This was announced at the ICOLD’s 87th …

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Construction of Ayago hydro power still hangs in balance

Kampala, Uganda | THE INDEPENDENT | The construction of the 840 Mega Watts Hydroelectric Power Plant on Victoria Nile in Ayaygo in Nwoya district still hangs in balance. Government signed an agreement with Mapa, a Turkish Construction firm to construct the dam in 2013 at the tune of US $1.970 …

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$567million Isimba dam switched on

  Private sector players ask for affordable electricity to power industries Kampala, Uganda | JULIUS BUSINGE | On March 21, President Yoweri Museveni commissioned the Isimba Hydropower Dam, adding 183MW to the national grid. But the private sector, who consume most of the electricity accounting for 20% of their production …

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