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DBN to provide N$135m loan for Windhoek’s power demands

September 30, 2022

The City of Windhoek has entered into a N$135-million loan agreement with the Development Bank of Namibia, to finance the Khomas intake substation project to ensure additional capacity to support the City’s forecasted power demand.

The Khomas intake substation will ensure additional capacity to support the City’s forecasted power demand, which Windhoek is expected to exceed the current notified maximum demand of 190MVA by 2024, as the existing Van Eck Substation cannot be upgraded further to accommodate the anticipated demand as it has reached its physical design capacity.

“Council has therefore approved for the City of Windhoek to enter into a loan agreement with the Development Bank of Namibia for a loan amount of about N$135 million to fund the Khomas intake substation project.”

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Last modified on Monday, 03 October 2022 13:34