Eskom, NamPower pen agreement
Eskom supplies NamPower with a considerable amount of power in comparison to other power producing utilities in the southern African region.
NamPower signed a new five-year power supply agreement (PSA) with Eskom for the firm supply of 200MW and additional non-firm supply dependant on transmission capacity. The agreement was signed on Thursday in Maseru, Lesotho, on the side-lines of the 42nd Southern African Power Pool (SAPP) executive committee meeting.
Speaking at the signing, Eskom's interim chief executive, Matshela Koko said: “Eskom has turned around and we are now open for business with surplus capacity available to empower economic growth. This agreement provides energy security to Namibia and allows for economic development and growth in the country without electricity availability concerns.”
Berthold Mbuere from NamPower's energy trading unit said: “The power supply situation in Namibia and the region is currently under control and NamPower will continue to implement various efforts, including demand side management initiatives, to ensure that the delivery of electricity supply services to the national economy is carried out in a sustainable manner.”
NamPower has entered into a number of power purchasing agreements of which the biggest import portfolio is with Eskom through this new bilateral agreement in an effort to supplement its generation capacity, improve its import portfolio and have diversified energy sources. In addition, the company has also concluded a number of plans to establish renewable energy projects in the country to enhance its local generation, according to Mbuere.
“With due consideration of the credibility and good standing of the relationship between NamPower and Eskom, NamPower is confident that the agreement will be beneficial to both companies and by extension, to our electricity customers,” Mbuere said
STAFF REPORTER
Speaking at the signing, Eskom's interim chief executive, Matshela Koko said: “Eskom has turned around and we are now open for business with surplus capacity available to empower economic growth. This agreement provides energy security to Namibia and allows for economic development and growth in the country without electricity availability concerns.”
Berthold Mbuere from NamPower's energy trading unit said: “The power supply situation in Namibia and the region is currently under control and NamPower will continue to implement various efforts, including demand side management initiatives, to ensure that the delivery of electricity supply services to the national economy is carried out in a sustainable manner.”
NamPower has entered into a number of power purchasing agreements of which the biggest import portfolio is with Eskom through this new bilateral agreement in an effort to supplement its generation capacity, improve its import portfolio and have diversified energy sources. In addition, the company has also concluded a number of plans to establish renewable energy projects in the country to enhance its local generation, according to Mbuere.
“With due consideration of the credibility and good standing of the relationship between NamPower and Eskom, NamPower is confident that the agreement will be beneficial to both companies and by extension, to our electricity customers,” Mbuere said
STAFF REPORTER
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