UTE
State-owned enterprise | |
Industry | Electric utility |
Founded | October 21, 1912 |
Founder | José Batlle y Ordóñez |
Headquarters | Montevideo, Uruguay |
Area served | Uruguay |
Services | Electric power generation and transmission |
Owner | Government of Uruguay |
Website | UTE |
UTE is the acronym of the National Administration of Power Plants and Electrical Transmissions (Spanish: Administración Nacional de Usinas y Trasmisiones Eléctricas), Uruguay's government-owned power company. It was established in 1912.[1]
In 1912, the law 4273 created this public company as the unique distributor of electricity was approved.[2] Then, in 1931, the monopoly of communications was also granted to this company until the founding of ANTEL in 1974. Later, in 1980 an organic law was passed.[3]
References
- ↑ History of UTE (Spanish)
- ↑ State-owned companies (in Spanish). p. 18. Retrieved 3 Apr 2013.
- ↑ Ley 15031 (Spanish)