Cenored and Alpha Namibia Industries Renewable Power Limited agrees to reduce electricity tariff
Breadcrumb
Cenored and Alpha Namibia Industries Renewable Power Limited have agreed to reduce the current electricity tariff from 1.96 kilowatts to 1.34 kilowatts, effective next March.
At present, only about 57% of Namibia has access to electricity due to high tariffs.
It is for this reason that Cenored had discussions with ANIREP, the new majority shareholder of HopSol Africa, in exchange for six additional megawatts to reduce tariffs below Nampower.
This will be made possible by the Otjiwarongo 11 MW solar PV plant, which has the capacity to power about 11,000 houses.