(Business in Cameroon) - Amounts disbursed by Cameroon’s power utility Eneo in 2017 totaled XAF35 billion, the company’s official statements showed.
This reflects a flat trend compared to the XAF35.1 billion invested in 2016, despite the “pressure on the company’s cash flow” over 2017, partly because major customers including the State defaulted to pay bills.
The company said the distribution network captured 50% of the money invested last year, allowing the distribution of 30% more energy and connecting 99,431 new families and companies to the grid.
A significant share is also earmarked to the generation segment, with the commissioning of a new 10 MW power plant in the city of Maroua in August 2017; the continuation of the rehabilitation program of the Song Loulou hydro facility; and rehabilitation works at the Oyomabang thermal power plant...
In the transport segment, power supply to Yaoundé has been ensured, and pylons rehabilitated on certain strategic transmission lines.
Brice R. Mbodiam