UMEME a contractor power distribution company in Uganda has confirmed receipt of a formal address from government indicating non renewal of their 20 year contract with government at expiry in 2025. “The concession is enshrined in several binding Concession Agreements. The Company has formally received written communication from the Government of the Republic of Uganda,
UMEME a contractor power distribution company in Uganda has confirmed receipt of a formal address from government indicating non renewal of their 20 year contract with government at expiry in 2025.
“The concession is enshrined in several binding Concession Agreements. The Company has formally received written communication from the Government of the Republic of Uganda, notifying it that the current Concession will continue to run until its natural end in March, 2025 as stipulated in the Concession Agreements after which, there will be no renewal,” the power distributor said on the Thursday.
UMEME noted that it will remain committed to its duties as per the existing agreement with the country.
Courtesy photo.
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