The project is implemented by the Uganda Electricity Transmission Company Limited (UETCL) at a cost of $ 100m dollars.
The head of communication at the Uganda Electricity Transmission Company Limited, Pamela Byomuganda says this will provide adequate transmission capacity to enable provision of reliable quality and adequate power supply to Small, Medium and Large Scale Industries in the respective industries.
Government came up with this project after several investors complained that the electricity which was being distributed to the infrastructure was not able to meet the power demands for the growing industrial parks.
Daily Monitor
Thursday January 21 2021
Summary
Sources say that whereas government has offered 10 per cent for return on investment in the new concession, Umeme is proposing at least 13 per cent.
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Umeme’s current 20-year concession expires in 2025.
Multiple sources close to the matter, who preferred anonymity due to the sensitivity of the negotiations, said government has put a 10 per cent offer on table, which will be a revision from the 20 per cent under the current concession.
“The return on investment government is offering is 10 per cent. We are negotiating. It is not a take it or leave it case. The rate of return is among the issues being negotiated so it is still on until we conclude,” the source said.
Daily Monitor
Friday January 01 2021
A man walks past power lines. Electricity Regulatory Authority subsidises the first 15 units paid by domestic consumers at a reduced rate of Shs250.
Summary
Commercial and medium industrial consumers have been severely affected by Covid-19 restrictions which according to Umeme have led to a 10 per cent drop in demand for electricity.
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Commercial and medium customers will starting January enjoy a slightly reduced power tariff after Electricity Regulatory Authority (ERA) cut the cost while maintaining prices for other customer categories three times in a row.
The base end user tariffs valid for the first three months of 2021are indicating price of electricity Umeme will charge to its 1.5m customers.