Namibia: Huge Potential in Funding Power Projects

DEVELOPMENT Bank of Namibia CEO Martin Inkumbi said this week that the current prospects for electricity in Namibia, and in the Southern African Development Community Power Pool indicate that new challenges and opportunities are emerging.

He said in addition to the estimated current 224 MW shortfall in local generation capacity, rising to an estimated 250 MW shortfall after August 2016, there is an obvious opportunity to contribute to the stability of the SADC region through development of excess generation capacity.

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