Arandis Residents to benefit from reduced electricity tariffs by 2017

Arandis Residents to benefit from reduced electricity tariffs by 2017

Arandis Residents in the Erongo region stand to benefit from reduced electricity tariffs by 2017.
This follows the Municipality's decision to avail 12,5 hectares of land to investors to construct a solar power plant at the town by 2017.
The 80-million dollar project is a joint venture between Ohlthaver & List Energy, German engineering company (Cronimet Solutions) and the Women of Destiny Trust.
Namibia imports about 60% of its electricity and the investors want to turn this around.
Chief Executive Officer of O&L Energy, Bernd Walbaum, says the project is in line with the Harambee Prosperity Plan's aim of increasing local electricity production.
Electricity generated by Arandis Solar Power Plant will be sold to Erongo Red and the Arandis Municipality is a minor shareholder.
Arandis Mayor Risto Kapenda says the municipality expects an increase in dividends from Erongo Red, together with reduced tariffs for consumers.
The investors will rent the land for 25 years and the solar power plant will be the second in the Erongo region.
Another plant is under construction near Omaruru, which will provide energy to about ten-thousand families.