Angola’s electricity company expands power business to private companies

26 February 2007

Luanda, Angola, 26 Feb – Angolan electricity company, ENE plans to soon open up business opportunities in the power sector for national businesspeople interested in investing in production, transformation and distribution, Angolan newspaper, Jornal de Angola reported.

According to the paper, the announcement was made by ENE’s chairman, Eduardo Nelumba, on the sidelines of a seminar held Friday in Luanda.

The project is part of a restructuring process being carried out since 2002 in order to separate the sectors for which ENE is currently responsible.

Specialists linked to the company are already carrying out studies to assess the cost of each sector in order to give customers an idea of how much they spend on electricity.

The company also has a program of activities to improve production, distribution and supply of power to the population by 2007.

The program outlines an increase in the transmission lines between Caanda (Malanje province) and Cambambe (Kwanza-Norte) and vice-versa, creation of a new substation in Luanda Sul, extension of the Cazenga and Viana substations, as well as a transmission line to supply the city of Caxito in Bengo province. (macauhub)