About Uganda Electricity Generation Company Ltd(UEGCL)
Uganda Electricity Generation Company Limited (“UEGCL or the Company”) was incorporated in 2001 initially with the main objective to take over as a going concern the generation activities of the now defunct Uganda Electricity Board (UEB) together with all or any part of the property, assets and liabilities associated with it as was transferred to the Company by UEB in accordance with the Public Enterprise Reform and Divestiture Act. These assets transferred to the Company from UEB were principally the 180 MW Nalubaale and 200 MW Kira Hydro Power Stations located in Jinja.
Vision
Be One of the leading Power Producers in the Great Lakes Region
Mission
To sustainably generate reliable, quality and affordable electricity for socio- economic development.
Business Line
Generation of Electricity
Core Values
- Integrity
- Innovation
- Accountability
- Safety
- Sustainability
The Objectives of UEGCL have since expanded to include project development including development of Hydro Power Stations and other renewable energy projects, In this regard, the company is the implementing agency of the Government of Uganda for the 183 MW Isimba and 600 MW Karuma Hydro Power Projects and Associated transmission Lines and Sub stations with the mandate to deliver the projects within the cost, time and specified quality. UEGCL is also developing other small Hydro Power stations and renewable energy plants which include
- Muzizi (44MW),
- Nyagak III (5.5MW),
- Latoro SHPP- 4.2 MW
- Okulacere SHPP- 6.5 MW
- Agbinika SHPP – 2.2 MW and
- Maziba SHPP (1MW)
UEGCL Main Objectives:
- Is the development, efficient operation and maintenance of Power plants and the sustainable generation and sale of affordable electricity to consumers.
- To implement the Vision and National Development Plan of the Government with regard to the generation of electricity, provision of high quality management and consultancy services as well as training and capacity building of human resources in the Electricity Sector.
- To carry on the business of electricity power generation and sale for industrial and domestic use; to both local (Uganda) and export (regional) consumers.
- To engage in design, planning, development and operation of electricity Generation projects in accordance with prudent utility practice and international best practice.
- To engage in the preparation of annual generation capacity planning in close consultation with relevant stakeholders locally, regionally and internationally.
- To engage in the development, monitoring and operation of electricity generation projects whether publicly or privately owned by way of commercial agreement, where deemed necessary.
- To lobby for and facilitate private sector involvement in the electricity generation sector in Uganda in accordance with the Public-Private Partnership Policy, Investment Policy, Renewable Energy Policy, Energy policy and related institutional frameworks and lessons learnt from previous engagement with the private sector in existing generation projects.
- To engage in the provision of consultancy services in the electricity generation sector and related projects at agreed commercial terms.
- To establish a technical capacity building institution in the power generation sector and provide training on terms and conditions to be approved by the Board of Directors from time to time and to lobby the relevant academic regulators locally, regionally or internationally for accreditation of its programmes
- To engage with the private sector, donors and relevant government ministries, departments and agencies for purposes of enhancing the technical capacity of the Company’s human resources in delivering on the set targets.
However, in tangible terms, the strategic objectives aim to:
- Increase hydropower installed capacity by 50% from 380 MW to 563 MW in three years;
- Grow revenues by an average of 45% per year;
- Improve the financial health from loss of 11 billion to a profit of 2 billion in three years;
- Optimize operations to generate more electricity during peak load hours;
- Improve investment and operational efficiency with the aim of achieving the lowest unit cost of generation in the region to support government initiatives of keeping tariff affordable and competitive;
- Implement a condition-based maintenance strategy that uses new technologies to monitor equipment and performance;
- Realise UEGCL’s accreditation to ISO Standards for QMS, Asset Management, Safety & Environment;
- Establish a Training Centre and Professional Services Unit for sustainable energy systems;
- Build local capacity for operation and maintenance of Karuma, Isimba, Muzizi, and Nyagak III Hydropower plants and support government initiatives of providing employment to the youth.
- Invest about USD 5million annually in refurbishing Naluubale and Kiira generating facilities.
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