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Joël Nana Kontchou, Managing Director of Eneo: “we have a degraded network with transformers overburdened by 140%”

Joël Nana Kontchou, Managing Director of Eneo: “we have a degraded network with transformers overburdened by 140%”
  • Comments   -   Tuesday, 17 March 2015 07:09

(Business in Cameroon) - Visiting in Garoua, in the North region, where people have been experiencing significant electricity outages, Joel Nana Kontchou, the Managing Director of Eneo, the country’s public electricity company in Cameroon, summed up the country’s electricity situation by saying: “We have to cut out the evil at the root. We have a degraded network with transformers that are overburdened by 140%, and falling posts,” reported the government daily.

In order to address this situation which has been on-going for several years, Eneo Managing Director noted that, in 2015, his company will invest 37 billion FCFA, of which, a major portion will be used to renew the electricity network.

In 2016, the funds to be used for investment will be more since, according to our sources, it will be 65 billion FCFA. This will be used for the implementation of an investment plan totalling 170 billion FCFA for the 2014-2018 as the Managing Director announced in August 2014 during his official appointment to the head of Eneo.

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