Rédaction Africa Links 24 with Uganda Monitor
Published on 2024-09-14 09:03:56
The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.
The audit shows that the actual expenditure for some of the activities under the electricity grid operations and maintenance exceeded what the UETCL board had reallocated between 2020 and 2023. The company’s board reallocated its grid operation and maintenance budget to Shs10.91b in the Financial Year (FY)2020/2021. Consequently, the company’s total expenditure…
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