Even though Uganda instituted a nation-wide lockdown to control the spread of coronavirus, Umeme Limited managed to spend its planned investment budget of $83.3 million for 2020, the company announced recently.
“Umeme spent $83.3 million (about Shs 310 billion) in 2020 to ramp up capacity enhancement and network stabilization programme in rapidly growing regions across its footprint,” the company announced recently in a statement.
It said “the money is part of the $450m (about Shs 1.7 trillion) for the 2019 to 2025 investment agenda. The investments are meant to boost power reliability and increase client connections.
“We started the year on a high note but were affected with the Covid-19 pandemic which slowed down all our operations,” Selestino Babungi, the Umeme managing director, said in a statement, and added that the staff managed to “cope very fast and quickly digitize all their operations which allowed them to continue working normally from home.”
Umeme lists the Siti distribution line, Tororo line, a switching station in the Mbale industrial park and the upgrade of the Mbale substation, as some of the major investments they made in 2020.