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Nampower guarantees winter power

The telltale columns of smoke in the two stacks at Windhoek’s Van Eck coal-fired power station, are the first sign that Nampower has to shift to more local generation, as the winter increases in intensity.
Power utility company, Nampower this week confirmed that they have secured enough energy capacity for the coming winter and beyond and there will be no risk of load shedding.
NamPower’s acting Managing Director, Mr. Isac Tjombonde’ told the Economist that the Namibian maximum demand expected for the coming winter is 630MW, without including Skorpion Zinc mine and the utility firm can gladly say they have secured sufficient energy.
Concern over the possibility of power shortages arose from the observation of the Ruacana River flow which had dropped to 110m3/sec early this week. Tjombonde said this flow is adequate to run all three available turbine units at full capacity during the critical hours.
“The river flow is expected to drop further as there is not much inflow coming in. In such instances, Ruacana is optimized to run during peak hours when the power is not available in the region. The river flow will be in the descent mode up until December this year where we are expected to receive rain again,” he explained.
Tjombonde said that NamPower is sourcing about 40% from internal power plants, namely the Ruacana hydro power plant, which has an installed capacity of 347 MW, but only three units out of four are available which yields a maximum capacity of 262MW, Van Eck coal power station (installed capacity 80 MW), Anixas diesel power station (installed capacity 22.3 MW) and Omburu solar power plant (4.5 MW).
“Ruacana hydro power station is a run-of-the-river station and due to good rains experienced this year in the highlands of Angola, a favourable percentage of the total installed capacity from the power station will be available,” he added.
According to Tjombonde, the remaining 60% will be sourced from Zambia’s ZESCO (39 MW) and Zimbabwe’s ZPC (80 MW) at a load factor of 50%, and from South Africa’s ESKOM (200MW).
“These are firm supplies which are not subject to interruption even in the event where the respective countries are load shedding. NamPower also have a non-firm agreement with ESKOM for up to 300MW to supply the balance in the event the aforementioned supply sources [are not able] to meet the demand at any given time,” he said.
In terms of contingency plans in case the power supply is strained, Tjombonde said in the event NamPower should experience power shortage this winter, NamPower has put in place loadshedding mitigating measures such as Virtual Power Station (VPS) and ripple control.
“NamPower is also an operating member in the Southern African Power Pool (SAPP) and actively involved in the trading activities through Month Ahead, Week Ahead, Day Ahead Market (DAM) and Intra-Day Market. NamPower may purchase some of its energy requirements through these markets to meet its country’s energy requirement,” he added.

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Following reverse listing, public can now acquire shareholding in Paratus Namibia

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20 February 2020, Windhoek, Namibia: Paratus Namibia Holdings (PNH) was founded as Nimbus Infrastructure Limited (“Nimbus”), Namibia’s first Capital Pool Company listed on the Namibian Stock Exchange (“NSX”).

Although targeting an initial capital raising of N$300 million, Nimbus nonetheless managed to secure funding to the value of N$98 million through its CPC listing. With a mandate to invest in ICT infrastructure in sub-Sahara Africa, it concluded management agreements with financial partner Cirrus and technology partner, Paratus Telecommunications (Pty) Ltd (“Paratus Namibia”).

Paratus Namibia Managing Director, Andrew Hall

Its first investment was placed in Paratus Namibia, a fully licensed communications operator in Namibia under regulation of the Communications Regulatory Authority of Namibia (CRAN). Nimbus has since been able to increase its capital asset base to close to N$500 million over the past two years.

In order to streamline further investment and to avoid duplicating potential ICT projects in the market between Nimbus and Paratus Namibia, it was decided to consolidate the operations.

Publishing various circulars to shareholders, Nimbus took up a 100% shareholding stake in Paratus Namibia in 2019 and proceeded to apply to have its name changed to Paratus Namibia Holdings with a consolidated board structure to ensure streamlined operations between the capital holdings and the operational arm of the business.

This transaction was approved by the Competitions Commission as well as CRAN, following all the relevant regulatory approvals as well as the necessary requirements in terms of corporate governance structures.

Paratus Namibia has evolved as a fully comprehensive communications operator in Namibia and operates as the head office of the Paratus Group in Africa. Paratus has established a pan-African footprint with operations in six African countries, being: Angola, Botswana, Mozambique, Namibia, South Africa and Zambia.

The group has achieved many successes over the years of which more recently includes the building of the Trans-Kalahari Fibre (TKF) project, which connects from the West Africa Cable System (WACS) eastward through Namibia to Botswana and onward to Johannesburg. The TKF also extends northward through Zambia to connect to Dar es Salaam in Tanzania, which made Paratus the first operator to connect the west and east coast of Africa under one Autonomous System Number (ASN).

This means that Paratus is now “exporting” internet capacity to landlocked countries such as Zambia, Botswana, the DRC with more countries to be targeted, and through its extensive African network, Paratus is well-positioned to expand the network even further into emerging ICT territories.

PNH as a fully-listed entity on the NSX, is therefore now the 100% shareholder of Paratus Namibia thereby becoming a public company. PNH is ready to invest in the future of the ICT environment in Namibia. The public is therefore invited and welcome to acquire shares in Paratus Namibia Holdings by speaking to a local stockbroker registered with the NSX. The future is bright, and the opportunities are endless.