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Okahandja to settle electricity debt

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Okahandja to settle electricity debt
Okahandja to settle electricity debtImage may be NSFW.
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The Okahandja Municipality has vowed to settle debt of N$40 million it owes Namibian power utility, NamPower, by July next year.

Okahandja mayor Johannes Hindjou said they have already paid N$20 million of N60 million the municipality owes NamPower for services over the past five years.

“The municipality has moved the remaining debt to a joint venture called Cenored Okahandja Propriety Limited on the 1 September on a five-year renewable contract,” he told Nampa on Friday.

The Okahandja Municipality has signed a contract with Central North Electric Distributor in which the municipality has a 60% and Cenored 40%.

Cenored chief executive officer, Mburumba Appolus said the idea and concept of the joint venture between Cenored and Okahandja Municipality is to enhance the lives of those living without electricity in the town.

“Without electricity our people will be in the dark and without electricity there will be no development,” said Appolus.

So far, Cenored has electrified about 1 000 houses in the Oshetu, Five Rand and Noab informal settlements within four months of operation.

NAMPA

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