Eskom Uganda, a subsidiary of Eskom Holdings SOC Ltd (South Africa’s primary electricity supplier) will fold its operations at the end of March next year after 20 years of managing two power-generation dams in Uganda. This is part of the government’s move to take over the electricity sector it liberalised in early 2000s through World Bank-backed reforms.
The next contract to expire will be that of Umeme Limited, which distributes about 97% of electricity in the East African country. Its 20-year concession ends in 2025 and the government has said it will not renew it.
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