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![]() UETCL Head Office located on Plot 10 Hannington Road. | |
Company type | Parastatal |
---|---|
Industry | Power transmission |
Founded | March 26, 2001 [1] |
Headquarters | Plot No.10, Hannington Road, Nakasero Kampala, Uganda |
Key people | Kwame Ejalu (Board Chairman) Eng. Richard Matsiko (CEO) [2] [3] |
Products | Electricity Transmission |
Number of employees | 500 (2023) |
Website | Homepage |
The Uganda Electricity Transmission Company Limited (UETCL) is a parastatal company whose primary purpose is to make bulk electricity purchases and transmit the electricity along high-voltage wires to local and foreign distribution points. [4] The company is the sole authorized national bulk energy purchaser and the sole authorized electricity importer and exporter in Uganda. [5] [6]
The company's headquarters are on Plot No.10, Hannington Road, Nakasero, in Kampala, Uganda's capital and largest city. [7]
The company was incorporated as a limited company on 26 March 2001 by an act of the Ugandan parliament following the break-up of the defunct Uganda Electricity Board. [5] [6] [1]
UETCL is responsible for the development, [8] operations, maintenance, and improvement of the high-voltage power transmission lines, above 33kV, in Uganda. It also owns and operates the high-voltage substations (above 33kV), around the country. [9] UETCL is wholly owned by the Ministry of Finance, Planning and Economic Development and is regulated by the Ugandan Ministry of Energy & Mineral Development. [6]
To reduce electricity transmission losses in the country, UETCL has borrowed US$100 million (UGX:337 billion) from Exim Bank of China to construct four mega substations. The installations will feed the industrial parks at Luzira, Namanve, Mukono, and Iganga. The work also involves construction of 38 kilometres (24 mi) of 132 kilovolt transmission lines. The work was expected to be complete in 2019. [10]
In June 2022, Ruth Nankabirwa, the incumbent Minister of Energy and Minerals, introduced and swore in a new board of directors for the company. The new board members are:
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