UEGCLUganda Electricity Generation Company Limited
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The utility head continues: "In order to address and forestall the issue of high electricity tariffs, UEGCL is to adopt a multi-pronged approach.
UEGCL is already in the process of recruiting Ugandans who will undergo capacity building and this will therefore create employment and result into sustainable development of the energy sector.
According to Dr Mutikanga, UEGCL intends to undertake feasibility studies for the aforementioned small hydropower plants whose objective it is to promote access of electricity to the rural and remote areas of Uganda.
According to the UEGCL CEO: "The Future Energy Uganda conference is pertinent as Uganda is at a crossroads in as far as energy status is concerned.
Nyagak III is to be formulated as a public-private collaboration through a special purpose vehicle (SPV) (GenmaxNyagak Limited) created between UEGCL and the procured private sector partner, a consortium of Hydromax Limited and Dott Services Limited.
Mary Mwogeza, project coordinator Nyagak III UEGCL, said, The total construction costs of the dam is US$17.1 million.
Eskom is doing what exactly UEGCL would have done, this is an added burden to the taxpayer, said the committee chairman Mr Jacob Oboth.
The UEGCL Managing Director John Mugyenzi has informed the committee that the Privatisation Unit (PU) set up Eskom for power production, however, UEGCL had the power to direct, and this decision has led to rise in power hikes.
UEGCL was privatised because the majority took a decision and there was nothing some of us could do.
Incorporated on November 2, 2002, Eskom Uganda Ltd was granted a 20-year concession to function and preserve Nalubaale and Kiira hydro-power plants in Jinja and it assumed its task from UEGCL on April 1, 2003.