UEGCL Mandate
UEGCL’s Mandate is to “establish, acquire, maintain and operate electricity generation facilities, and to promote research and development in the electricity generation sector while running the company on sound business principles”.
Our Main Objective.
Our main objective is the development, efficient operation and maintenance of Power plants and the sustainable generation and sale of affordable electricity to consumers.
Specific Objectives
The Objectives of UEGCL have since expanded to include project development including development of
Hydro Power Stations and other renewable energy projects. Below are our specific objectives.
1.
Improving UEGCL’s staff knowledge and skills:- Acquire, develop and retain an inclusive workforce to drive the company strategy
2.
Enhancing UEGCL’s Corporate Culture:- A company’s beliefs, values and attitudes and how these influence the behavior of its employees
3.
Improving UEGCL’s Asset Management:- Coordinated activity of the organization to realize value from Assets. Activity includes:- planning, the approach, plans and their implementation while realizing value involves balancing risks, opportunities and performance benefits
4.
Strengthening UEGCL’s ICT Infrastructure and Technology:- Design and application information and communication technology for business processes to support data processing, secure workflows and business continuity.
5.
Enhancing UEGCL’s Business Portfolio:- Grow and diversify our core and non-core business undertakings to ensure energy security, increased revenue and hedge against financial risks.
6.
Strengthening Collaboration:-Entails proactive approaches of working well with stakeholders with a view of realizing mutual benefits.
7.
Improving Governance:- Processes and structures designed to ensure accountability and responsiveness to applicable policies, standards, regulatory and statutory requirements aimed to safeguard against reputational damage and financial loss
8.
Enhancing UEGCL’s Financial Performance:- In line with the financial recovery plan, this entails the generation of adequate revenue and having in place appropriate controls towards meeting the company’s operational and strategic obligations.
9.
Improving UEGCL’s stakeholder Satisfaction:- The level of contentment of our stakeholders with our services.