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UEGCL Posts 40% Revenue Gains as Karuma Delivers 1st Year of GenerationUganda Electricity Generation Company Limited (UEGCL) announced a 40% increase in revenue for FY 2024/25, reaching UGX 492 billion, up from UGX 350 billion the previous year. The growth was driven by improved dispatch across its hydropower plants and the first year of commercial operations at the 600 MW Karuma Hydropower Plant. While Profit After […] |
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UEGCL Hosts 2nd Research and Innovation Symposium to Advance Efficiency in Power GenerationUganda Electricity Generation Company Limited (UEGCL) held its 2nd Research and Innovation Symposium, focusing on innovative solutions for efficient operation and maintenance in power generation. The event highlighted key areas including digital transformation, climate change, artificial intelligence, and renewable energy integration. Government and board representatives reaffirmed strong support for research and innovation in the energy […] |
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UEGCL Reports UGX 54 Billion Net Profit at 14th Annual General MeetingOn 29th January 2025 Uganda Electricity Generation Company Limited (UEGCL) announced a net profit of UGX 54.28 billion for the 2023/2024 financial year during its 14th Annual General Meeting at the Ministry of Finance Headquarters in Kampala. The AGM, chaired by Eng. Proscovia Margaret Njuki, UEGCL Board Chairperson, highlighted revenue growth to UGX 351 billion, […] |
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CDAP Phase II Commissioning Press BriefUganda Electricity Generation Company Limited (UEGCL) has officially commissioned the Grid Extension and Reticulation Project under Phase II of the Isimba Hydropower Project Community Development Action Plan (CDAP), advancing rural electrification in Kayunga District. The project, executed through an EPC contract with MTSL Energies, delivered 57 km of medium-voltage lines, 81 km of low-voltage lines, […] |
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UEGCL Launches An Internal Performance Contract For The 380 Mw Nalubaale – Kiira Power StationUganda Electricity Generation Company Limited (UEGCL) has launched an Internal Performance Contract (IPC) at the Nalubaale-Kiira Power Station to enhance operational efficiency as part of its 2023–2028 Strategic Plan and O&M Business Model. The IPC was officially inaugurated by Hon. Ruth Nankabirwa Ssentamu, Minister of Energy and Mineral Development, reinforcing UEGCL’s commitment to operational excellence […] |
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IPC Press Release (Namanve IPC)Uganda Electricity Generation Company Limited (UEGCL) has launched an Internal Performance Contract (IPC) for the 50MW Namanve Thermal Power Plant in Kiwanga, Mukono District. The launch was attended by Hon. Sidronous Okaasai Opolot, Minister of State for Energy, UEGCL Board members, senior management, and O&M staff. The IPC aligns with UEGCL’s 2023–2028 Strategic Plan and […] |
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Hon. Ruth Nankabirwa Launches the Isimba HPP Internal Performance Contract (IPC)Uganda Electricity Generation Company Limited (UEGCL) has launched an Internal Performance Contract (IPC) for the 380MW Nalubaale-Kiira Power Station in Jinja City. The launch, officiated by Hon. Ruth Nankabirwa Ssentamu, Minister of Energy and Mineral Development, was witnessed by UEGCL’s Board, management, and staff. The IPC is part of UEGCL’s 2023–2028 Strategic Plan and Operation […] |
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UEGCL Board of Directors Inspects Karuma HPP’S Readiness for CommissioningThe UEGCL Board conducted an inspection of the 600MW Karuma Hydropower Project (HPP) on 1st April 2022, noting that the project was 99% complete and on track for commissioning later that year. Once operational, Karuma HPP will add 600MW to Uganda’s national grid, significantly increasing the country’s electricity capacity. The board also reviewed Phase I […] |
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Namanve Power Plant Handed over to UEGCLUganda Electricity Generation Company Limited (UEGCL) has officially taken over operations of the 50MW Namanve Thermal Power Plant from Jacobsen Uganda Power Plant Company Limited (JUPPCL) in February 2022. The plant was built, operated, and transferred under a 13-year Build, Own, Operate, and Transfer (BOOT) agreement. The transition is expected to deliver an 18% reduction […] |
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UEGCL sends O&M staff to Kafue Gorge Press ReleaseUganda Electricity Generation Company Limited (UEGCL), in partnership with the Norwegian Ministry of Foreign Affairs (MFA), has launched a 5-year Hydropower Operations and Maintenance Excellence (HOME) program running from 2020 to 2024. The program, supported by a grant of NOK 84.4 million (over UGX 33 billion), provides technical assistance and capacity building for O&M teams […] |
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