Namibia looks to increase energy independence via new gas-fired plant

Namibia is in the process of building what will be its biggest power plant since independence, with the Walvis Bay gas-fired facility set to be operational inside the next two years.

The country is keen to see the $450m 250 MW gas-fired power plant commence before contracts for imported energy from neighbouring countries expire at that time.
Namibia country outline and colours flag
Xaris Holdings, an independent power producer managing the project, say the plant will have a life span of 25 years.

Namibia currently imports about 70 per cent of its power from South Africa which has seen endless load shedding and Zimbabwe that has for over a decade struggled to provide basic lighting for its citizenry. The two countries, though facing load shedding internally, are bound by supply agreements.

Companies involved in this project include; General Electric, Excelerate Energy, Standard Bank, Garanti Koza, KS Energy and Ariya Capital Group.



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