kilembe investments ltd

Kilembe Investments Limited is a public limited company licensed to sell electricity in Kasese and Rubirizi District. Kilembe Investment Limiteds first business plan was prepared in 2007 and focused on supply of power to rural areas of Kasese District and surrounding areas. The Business Plan laid out how KIL would raise the capital to build the power lines and working capital to distribute electricity in Kasese District and the surrounding areas. Kilembe Investments successfully raised the capital and commenced operations in 2009. In October 2014, Kilembe Investments Limited signed a lease agreement with the GoU, where power lines were transferred to GoU and are in turn leased to KIL. The Government of Uganda is also constructing new power lines and has expanded KILs area of operation to four other districts. This five year business plan will review the performance of KIL against the 2007 Business Plan and also detail how the company will manage the expanded service territory in order to meet the conditions of the lease agreement, generate profit and Return On Investment and pay dividends to shareholders.