MARIENTAL OWES N$295.9M IN POWER DEBT
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Local authorities and regional councils in ||Kharas and Hardap owe NamPower millions of dollars, with Mariental Municipality carrying the largest reported debt at N$295.9 million.
Local authorities and regional councils in ||Kharas and Hardap owe NamPower millions of dollars, with Mariental Municipality carrying the largest reported debt at N$295.9 million.
NamPower has launched its Integrated Strategic Business Plan for 2026 to 2030, outlining its priorities for electricity security, affordability and reduced reliance on imports.
The launch coincides with the power utility's 30th anniversary, marking three decades of supplying electricity to Namibia.
The Electricity Control Board (ECB) has approved a 3.7% bulk electricity tariff increase for NamPower, lower than the utility's requested 8.4%. The new tariff takes effect on 1 August 2026.
NamPower and the Roads Authority are among the public enterprises stepping up preparations for the 2026 Public Enterprise Games, using social league matches to fine-tune their readiness ahead of the competition in Rundu from 2 to 4 July.
NamPower has advised residents living downstream of the Ruacana Power Station to evacuate low‑lying areas, relocate livestock to higher ground, and maintain a safe distance from the banks of the Kunene River, as water levels could rise unexpectedly.
Namibia Power Corporation (NamPower) has successfully listed a N$5 billion bond programme on the Namibia Securities Exchange (NSX).
NamPower, partnering with Nedbank Namibia and Cirrus Securities, announced this on Thursday in Swakopmund.
NamPower's Gerus Substation is set to regain its full capacity with the return of a major 400-kilovolt transformer.
NamPower has awarded full bursaries worth N$12 million to 15 students pursuing various fields of study at local and SADC tertiary institutions.
The NamPower Bursary Scheme has been in existence for over 26 years and has invested millions in the education of hundreds of Namibians.
Various entities owe NamPower N$912 million.
This was mentioned by the Electricity Control Board (ECB), warning that the escalating debt continues to strain the national electricity supply system.
The Gobabis Municipality, in collaboration with the Ministry of Urban and Rural Development, is set to roll out prepaid water and electricity provision to its residents; these projects should be completed before the end of the 2025/2026 financial year.