Selestino Babungi- Page 4

Umeme’s Selestino Babungi (in red shirt) with one of Umeme’s Board Directors at the new and bigger Lira Integration Substation in readiness for the upcoming 600 MW Karuma Hydro Power Station. As part of the UGX310 billion, Umeme has allocated significant resources to evacuate and distribute power from the in-construction 600MW Karuma Dam and 16.5 MW Siti II Hydroelectric Power stations.

DEAL OF THE WEEK: Umeme unveils UGX310 bn investment plan to switch on more Ugandans and stabilise the distribution network

Following approval from the Electricity Regulatory Authority (ERA) Umeme Limited, Uganda’s largest power distributor, has revealed that it is this year investing USD83.3 million (Shs 310 billion) investment plan to increase grid
June 30, 2020
(center) flanked by Blessing Nshaho (right) the Chief Corporate & Regulatory Officer, Umeme and Florence Nsubuga. the Chief Operations Officer (left) announce the 2018 results. The power distributor registered a UGX132.8 billion profit.

Umeme to pay UGX66.4bn in 2018 dividends; earmarks UGX1.7 trillion investment

The Umeme Annual General Meeting, has today approved a UGX28.2 per share final dividend to all its shareholders for the year ended 31 December 2018. This, in addition to the UGX12.7 interim

 

error: Content is protected !!
×