Aug 30

Mines and Energy ministry successfully opens electricity market to allow new entrants

Mines and Energy Minister, Tom Alweendo said the ministry has successfully opened its electricity market to allow new entrants, new investment opportunities, as well as new technical possibilities for the electricity supply industry. Alweendo during the Southern African Power Pool and Modified Single Buyer Market Access Conference in Windhoek said that locally, the MSB model allows certain electricity consumers and Independent Power Producers to transact with each other directly for the supply of a certain portion of their electricity requirement