03
Jun
Niël Terblanché The Namibia Electricity Control Board (ECB) has announced an eight percent increase in NamPower's bulk tariff for the current financial year. This adjustment, set to take effect from 1 July, was disclosed by NamPower's managing director, Kahenge Haulofu, who attributed the hike to the rising costs of electricity generation, particularly due to higher prices for imported electricity. Haulofu elaborated on the reasons behind the tariff increase, noting the significant impact of the under-recovery of revenue. "The lower-than-projected generation from the Ruacana Hydro Power Station necessitated the replacement of this energy with more costly imports. Additionally, the depreciation of…