The Public Procurement and Disposal of Public Assets (PPDA) Appeals Tribunal has overturned a multi-billion-shilling contract award issued by Uganda Electricity Transmission Company Limited (UETCL). It did so after finding…
The Electricity Regulatory Authority (ERA) has suspended licensing of new grid-connected solar photovoltaic (PV) and wind power projects. The suspension originates from concerns over the national grid’s current capacity to…
The long-running standoff between Umeme and the Uganda Electricity Transmission Company Limited (UETCL) over a UGX 594 billion debt has once again thrown Uganda’s power sector into turmoil, exposing deep financial fissures in the country’s electricity value chain. In an exclusive response to the CEO East Africa Magazine, UETCL maintains that the UGX 593.5 billion in question represents verified receivables accumulated from energy sales to Umeme under the Power Sales Agreement (PSA), which governed the purchase and distribution of electricity throughout the company’s 20-year concession. According to the transmission utility, the figure audited and confirmed by the Office of the…
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In a surprise executive shake-up, Uganda Electricity Transmission Company Limited (UETCL) has announced the resignation of its Chief Executive Officer, Mr. Joshua Karamagi, CFA. The Board of Directors accepted his resignation and has immediately appointed veteran power sector engineer, Richard Matsiko as Acting CEO. Karamagi’s exit marks the end of a pivotal chapter for UETCL, the country’s state-owned electricity transmission backbone. Karamagi presided over transformative infrastructure projects including the Gulu–Agago 132kV and Kole–Gulu–Nebbi–Arua 132kV lines — developments that have significantly expanded grid access in Uganda’s underserved regions. He also championed the company’s five-year corporate strategy, cementing UETCL’s role in Uganda’s…
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By David Birungi In a few days, the last man standing at Umeme will flip the 240 volts switch and move on to the next lit room in UEDCL. Congratulations…
The Auditor General, Edward Akol, has noted with concern that the Tilenga and KingFisher Development Area oil projects in western Uganda are behind schedule in hitting completion targets, with some activities also facing a funding crisis. The Auditor noted that whereas the Uganda commercial oil production plans had set a target of drilling 451 oil wells, the Field Development Plan (FDP) designated only 177 (approximately 39%) as necessary for the initial phase of oil production targeted for November 2025, and which was later projected to 2027. However by the time of the compiling of the Auditor’s report in November 2024,…
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The Uganda Electricity Transmission Company (UETCL) has been ranked as the most profitable public company with a profit of UGX 82.3 billion earned through energy sales in the Financial Year (FY) ending June, 2024. UETCL was closely followed by Uganda Electricity Generation Company (UEGCL) at 54.2 billion and Uganda Civil Aviation Authority at UGX 32 billion. The three top public corporations raked in a combined UGX 168 billion in annual profits outperforming other 17 sister corporations and state enterprises, according to details from the latest Auditor General’s report. However, UETCL’s profitability decreased by 13 percent from UGX 94 billion in…
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The handover of Umeme licenses for the sale and distribution of electricity to Uganda Electricity Distribution Company Limited (UEDCL) has put the country’s energy sector into sharp focus, especially with…
Joshua Karamagi was appointed Chief Executive Officer of Uganda Electricity Transmission Company Limited (UETCL) in March 2023, at the most unusual of times. He joined the government-owned electricity transmission company following the Board’s firing of the top leadership in August 2022. The Board that appointed him itself, was new since the Ministry of Finance, Planning & Economic Development (MoPED) fired the entire old board in April of the same year. The new board was led by Kwame Ejalu Ejuku, a respected and no-nonsense Ugandan entrepreneur and businessman in the non-banking financial sector. Over and above having to build a new…
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When it comes to electricity, there is a common question among Ugandans, ‘why does Uganda export power to other countries when we need it here?’ Well, we are part of the process of trying to actualise this vision of a fully integrated power market. The government of Uganda has heavily invested in electricity power generation & transmission and with the much-awaited Karuma Hydropower Plant and its interconnection power lines coming on board, an extra 600MW will be added to the national grid. The question is, where do we put all this power if the local market cannot consume it all…
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