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