UMEME BUYOUT :Energy ministry says it is ready for transition
The Ministry of Energy has confirmed to NTV that starting April 1st, Uganda Electricity Distribution Company Ltd (UEDCL) will take full control of the assets and systems previously managed by Umeme Ltd. Speaking to NTV, Irene Bateebe, the Permanent Secretary at the Ministry of Energy and Mineral Development, stated that the Auditor General is finalizing the assessment of investments Umeme made over the past two years, following the government's decision not to renew the 20-year concession. Sudhir Byaruhanga sat down with Bateebe for an exclusive one-on-one interview.
