Angola: Power unbundling planned by year-end
Issue 285
- 26 Sep 2014
| 3 minute read
The Energy and Water Ministry has announced plans to dissolve Empresa Nacional de Electricidade (ENE) and Empresa de Distribução de Electricidade de Luanda (Edel) by year-end and replace them with new bodies as part of a complete reform of the power sector. The move aims to help the authorities meet the challenge of multiplying generation capacity ninefold by 2025, from 1GW to 9GW, mainly through the construction of hydropower and gas-fired plants. The government’s power sector transformation plan, known by its Portuguese acronym PTSE, also aims to complete the interconnection of the separate northern, central, southern and eastern grids, and improve the sector’s finances. At present, tariffs only cover 20% of costs.
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