KAMPALA, UGANDA | THE INDEPENDENT | Government has revised the loan request to buy out electricity distribution company, UMEME, from over US$190 million, to over US$118 million. This was contained in the Special Audit Report for the end of lease and assignment between UMEME Limited and Uganda Electricity Distribution Company …
Read More »🟥 UMEME expects $234 million, Uganda willing to give $118M
“The Buy Out Amount must be paid within 30 days following the end of the concession term, specifically by 31st March 2025. If the payment is not received by this deadline, penal interest will be applied as stipulated in the Concession Agreements.” Kampala, Uganda | THE INDEPENDENT | Exiting electricity …
Read More »Uganda government seizes control of electricity sector
Uganda Electricity Distribution Company Limited to take over from Umeme effective April 1, 2025 Kampala, Uganda | JULIUS BUSINGE | Uganda government is taking a significant step towards securing its energy future with the state-owned Uganda Electricity Distribution Company Limited (UEDCL) set to take over electricity distribution from Umeme, marking the …
Read More »UEDCL gets power distribution license to replace Umeme
Kampala, Uganda | THE INDEPENDENT | Uganda Electricity Distribution Company Ltd (UEDCL) has officially been handed the electricity distribution license ready to replace Umeme Ltd, effective April 1, 2025. Umeme’s 20-year concession ends in March 2025, and UEDCL’s takeover of the distribution mandate is in line with the government’s decision …
Read More »Energy Ministry assures the public about Yaka meters
Kampala, Uganda | THE INDEPENDENT | Ugandans whose Yaka meters have not been upgraded should not panic as Energy minister, Ruth Nankabirwa says there is still room to have them upgraded. Nankabirwa, while speaking to journalists in Kampala on Tuesday said Umeme and Uganda Electricity Distribution Company Limited (UEDCL) have made …
Read More »TOKENS: UEDCL lays out electricity plan as Umeme exits
UEDCL promised that there would be no service interruptions even on the day of the takeover, adding that only a notification on how to check for and make a token top-up will be sent to all customers that night. Kampala, Uganda | THE INDEPENDENT | Uganda Electricity Distribution Company Ltd …
Read More »Bundibugyo residents plan demo for persistent power outages
Bundibugyo, Uganda | THE INDEPENDENT | The Uganda Electricity Distribution Company Limited (UEDCL) has come under criticism for the persistent power outages in Bundibugyo District. In 2021, UEDCL acquired power concessions from the Bundibugyo Energy Cooperative Society Limited, which was previously responsible for power distribution, maintenance of power lines, and revenue management …
Read More »UEDCL takes over electricity distribution in Western Uganda
This becomes the fifth concession acquisition in the past seven years Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Distribution Company Limited (UEDCL) has officially taken over Kilembe Investments Limited (KIL), a rural power distributor in Uganda’s Western Service territory, marking the fifth concession acquired by UEDCL. The handover ceremony, held …
Read More »Umeme’s profit declines as concession nears conclusion
The electricity distributor recorded 1.61% decline in profit after tax to Shs 12.99 billion for H1, 2024 Kampala, Uganda | THE INDEPENDENT | Uganda’s electricity distributor, Umeme Limited, has reported a slight decline in profit after tax for the first half of 2024, with earnings down by 1.61% to Shs 12.99 …
Read More »UEDCL firms grip on energy sector with the Kyegegwa electricity firm takeover
However, the government owes KRECS Shs700 million for funding new connections. Kampala, Uganda | THE INDEPENDENT | State-owned Uganda Electricity Distribution Company Ltd (UEDCL) has officially taken control of Kyegegwa Rural Electricity Cooperative Society (KRECS) Limited, a key player in power distribution across several central districts, firming its grip on the …
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