Wednesday, December 7 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Dec 05
Week of Nov 28
Week of Nov 21
Week of Nov 14
Week of Nov 07
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    New substation prepares Windhoek for anticipated load shedding


    October 6, 2022 - Namibia Economist

     

      The City of Windhoek signed a loan agreement with the Development Bank of Namibia (DBN) this week worth N$155 million to construct an electricity intake substation to avert an anticipated load shedding by 2024.

      The proposed site of the substation is north of Otjomuise Extension 10 and will be developed by the City of Windhoek and Nampower. Nampower will assume the responsibility of constructing and maintaining the substation, while the City of Windhoek will earn revenue through electricity tariffs from the increased capacity. Part of this revenue will be used to repay the loan to DBN.

      According to NamPower, the construction of the Khomas Substation will take between 42 to 48 months to complete.

      Chairperson of the City's Management Committee, Illse Keister said Windhoek's energy demand has grown significantly due to new residential, commercial, and industrial developments and the proposed Khomas intake substation will ensure additional capacity to support the forecasted demand.

      The entire substation is valued at N$336 million, of which N$228 million is being contributed by the City of Windhoek.

      The City has already paid N$72 million from its own resources and the balance will be covered by a DBN long-term loan of N$135 million and a short-term loan of N$20 million to cover VAT.

      Currently, the City of Windhoek gets most of its power from Van Eck Substation, but it can no longer be upgraded to accommodate the anticipated demand as it has reached its physical design capacity.

      Hits: 23

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.