| Notes |
NamPower's electricity distribution activities are channelled through their subsidiary, Premier Electric and also through the Northern Regional Electricity Distribution Company (Nored Electricity (Pty) Ltd) which was incorporated on April 27, 2001.
Nored is a prototype for the anticipated establishment of regional electricity distribution companies ("RED's") throughout Namibia, as envisaged and promoted by the Ministry of Mines and Energy consistent with its vision of a restructured and competitive Electricity Supply Industry (ESI) regulated by the ECB.
NamPower is fully supportive of that vision and as a major partner with the Ministry and ECB in its implementation remains prepared for such eventual realignment of Premier Electric's focus as may be necessary to accommodate the emergence of the RED's.
[ Retrieved on 17 APR 2008 ] |