Erongo Red is one of the regional electricity distribution companies (REDs) that do not owe power utility NamPower, it has been revealed.
This comes after the company had been inadvertently listed among companies that owe the utility, amidst NamPower’s plans to introduce prepaid meters for all its distribution customers, including (REDs), as part of measures to improve its debt management.
The power utility aims to convert all its distribution customers to prepaid meters by July 2025.
NamPower is reported to be owed N$1.5 billion.
