Bloomberg News

NamPower to Build Diesel Plant Near Namibia’s Uranium Mines

July 01, 2011

July 1 (Bloomberg) -- Namibia Power Corp., the state-run utility, will build a diesel-fired plant at Walvis Bay, near the country’s uranium mines, John Kaimu, the company’s spokesman, said.

The plant will probably cost 375 million Namibian dollars ($55 million) and generate 22.5 megawatts of electricity, Kaimu said in an e-mailed response to questions today.

NamPower, based in Windhoek, the capital, is looking for a new site for a proposed 800 megawatt coal-fired plant after Walvis Bay, situated on the country’s coastline, rejected plans to build it near the city.

Namibia is Africa’s second-biggest producer of uranium. NamPower is investing 9 billion Namibian dollars over five years to expand electricity-generation capacity, according to the company. It currently imports about half of the power its uses.

--Editors: Gordon Bell, Philip Sanders

To contact the reporter on this story: Chamwe Kaira in Windhoek at ckaira@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net


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