The Uganda Electricity Generation Company Limited (UEGCL) is a parastatal company whose primary purpose is to generate electric power for use in Uganda and for sale to neighboring countries. As of December 2017, UEGCL's generation capacity was 380 megawatts, with that capacity planned to increase to over 1,300 megawatts, by 2023.
14-517: The headquarters of UEGCL are on Block C, Victoria Office Park, Plot 6-9 Okot Close, Bukoto , in Kampala , Uganda's capital and largest city. Its coordinates are 0°19'35.0"N, 32°34'38.0"E (Latitude:0.326389; Longitude:32.577222). The company maintains a second office at 18-20 Faraday Road, Amberly Estate, in Jinja , a city located approximately 80 kilometres (50 mi), by road, east of Kampala. UEGCL
28-558: A Tier III Financial Institution , is located in Bukoto. 2. Watoto Church - An orphanage and place of worship affiliated with the Pentecostal Church 3. The Kampala Northern Bypass Highway - The highway passes through the northern reaches of Bukoto, in a west to east direction. 4. Women's Hospital International and Fertility Centre - A private hospital specializing in the care of infertile couples. 5. Kadic Hospital ,
42-510: A 30-bed privately owned healthcare facility, a member of Kadic Health Services Limited. 6. UMC Victoria Hospital, located along Kira Road, the hospital is a private tertiary care facility with 100 in-patient beds and modern amenities including surgical theatres, MRI, CT Scan, and a Cardiac Catheterization Laboratory. This is in addition to regular services, including X-ray, ultrasound and regular medical laboratory services. Pride Microfinance Limited Pride Microfinance Limited (PMFL),
56-498: A goal to increase to 563 megawatts in 2018 and 1,213 megawatts in 2020. As of November 2024, UEGCL owned the generation stations listed in the table below: UEGCL is governed by a seven-person board of directors whose chairman is Proscovia Margaret Njuki . Other UEGCL board members include (a) Zachary Baguma Atwooki, (b) Ms. Hope Bizimana, (c) Paul Patrick Mwanja, (d) Nixon Kamukama and (e) Mark Martin Obia. The chief executive officer
70-512: Is Harrison E. Mutikanga . In August 2017, UEGCL received the ISO 9001: 2015 certification, becoming the first Ugandan government agency to receive this certification. In December 2021, UEGCL launched a corporate social responsibility (CSR) project to extend grid electricity to over 40 villages in both Kayunga District and Kamuli District , as mitigation for "the increased pressure on local infrastructure, social services, and livelihoods arising from
84-438: Is a Tier III Financial Institution . It is therefore prohibited from dealing in foreign exchange and cannot issue checking accounts . As of December 2013 , the institution's total assets were valued at approximately US$ 56.84 million (UGX:147.4 billion), with shareholders' equity of approximately US$ 18.1 million (UGX:46.97 billion). As of December 2013, Pride Microfinance employed 585 people and served 373,667 customers. PMFL
98-573: Is a microfinance deposit-taking institution (MDI) in Uganda . It is licensed by the Bank of Uganda , the central bank and national banking regulator. PMFL provides financial services to that segment of the Ugandan population who are not served or are unable to access financial services through Ugandan commercial banks . PMFL's focus are the micro, small, and medium size entrepreneurs . As an MDI, PMFL
112-532: Is bordered by Kisaasi to the north, Kigoowa to the north-east, Ntinda to the east, Naguru to the south-east, Kololo to the south, Kamwookya to the west, and Kyebando to the north-west. This location is approximately 8 kilometres (5 mi), by road, north-east of Kampala's central business district. The coordinates of Bukoto are 0°21'14.0"N, 32°35'47.0"E (Latitude:0.353889; Longitude:32.596389). The following points of interest lie inside or near Bukoto: 1. The main branch of Pride Microfinance Limited ,
126-691: Is expected that when the 600 megawatts Karuma Power Station comes on board, UEGCL will control an estimated 1,163 MW out of 1,852 MW, accounting for about 62 percent at that time. In January 2015, the UEGCL chairman announced plans to list shares of company stock on the Uganda Securities Exchange in an initial public offering within the following two years. The funds raised would be used to develop more electricity generation stations, thus adding to national electricity output. At that time, UEGCL owned 380 megawatts of generating capacity, with
140-592: The construction of the.." Isimba Hydroelectric Power Station . The project is expected to last 24 months in Kayunga District and 36 months in Kamuli District. It will cost USh11 billion (approx. US$ 3.1 million). 00°19′35″N 32°34′38″E / 0.32639°N 32.57722°E / 0.32639; 32.57722 Bukoto Bukoto is a township within the city of Kampala , Uganda 's capital and largest metropolitan area. Bukoto
154-578: The enterprise, changing the name to Pride Microfinance Limited Uganda. In 2005, it attained the status of an MDI according to the Banking Act of 2003. It is a member of the Association of Microfinance Institutions In Uganda. In February 2016, Ugandan media reported that the government was planning to merge PMFL with PostBank Uganda , to form an agricultural bank. As of June 2014, the products offered included: The entire branch network of
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#1732793338964168-595: The two power stations UEGCL owned at the time: Kiira Power Station and Nalubaale Power Station . Eskom sells the electricity it generates to the Uganda Electricity Transmission Company Limited (UETCL) as the authorized single buyer. UETCL resells the power to Umeme , the energy distributor, which then sells it to the public. As of 30 June 2020, UEGCL controlled 563 megawatts of the national installed generation capacity of 1,252 megawatts, accounting for about 45 percent. It
182-519: Was founded in 1995 as a non-governmental organization with the support of the Norwegian Agency for Development Cooperation . Its major objective was to offer credit to the poor, targeting those in the agricultural sector. In 1999, it was incorporated as a limited company and changed its name to Pride Africa Uganda Limited. In 2003, the Uganda government acquired 100 percent shareholding in
196-598: Was incorporated by the Uganda Ministry of Finance, Planning and Economic Development in 2001, following the break-up of the Uganda Electricity Board . UEGCL is responsible for the operation, maintenance, and improvement of the power stations owned by the Ugandan government. In 2002, UEGCL executed a 20-year operational, management, and maintenance concession to Eskom Uganda Limited , a subsidiary of South African energy company Eskom , to cover
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