logoBC
Yaoundé - 09 August 2020 -
Electricity

Operating spending of Northern region’s thermal power plants cost Cameroon XAF13bln per annum

Operating spending of Northern region’s thermal power plants cost Cameroon XAF13bln per annum
  • Comments   -   Tuesday, 14 May 2019 15:53

(Business in Cameroon) - Cameroonian government spends a total of XAF13 billion per year to keep thermal power stations installed in the northern region working. The information was disclosed May 6 by energy minister Gaston Eloundou Essomba during a visit to Lagdo dam.

The latter, though now producing 50% less than its capacity due to its old age, remains the main electricity provider in the three northern areas. In response to this drop of production, the thermal power plants of Maroua and Djamboutou were built to meet demand that grows by an average 5% each year. But the problem is that these plants, first seen as a solution, now put huge pressure on treasury, given their high operating costs; a situation that leads government to resort to solar.

In this wake the power utility Eneo is currently preparing a program to build three solar plants in this part of the country. Plants will be set in Maroua, Guider and Ngaoundéré and add 35MW to current production. According to the minister, another 20-MW solar plant is planned in Garoua.

BRM

chanas-assurance-s-a-posts-xaf683-4-mln-net-profit-for-2019-up-by-16-2-yoy
Cameroonian insurance company Chanas Assurances, majority-owned by National Hydrocaborns company SNH, informs that it recorded XAF683.4 million of net...
africa-food-manufacture-to-invest-xaf13-bln-in-the-construction-of-cameroon-s-first-durum-flour-mill
On July 30, 2020, Africa Food Manufacture (AFM), which produces Broli-branded pasta, signed an investment agreement with Cameroon’s investment promotion...
snh-estimates-its-stored-oil-data-at-over-xaf10-000-billion
The Cameroonian National Hydrocarbon Company (SNH) estimates the value of oil data currently stored in its Mbanga-Bakoko (Douala) based Petroleum...
cameroon-saves-close-to-xaf11-mln-monthly-after-adjusting-the-salary-of-4-490-health-personnel
Some days ago, when they received their July 2020 salary, some physicians and health personnel operating for Cameroon noticed that their usual salaries...

Mags frontpage


Business in Cameroon n90: June 2020

Top 100 economic actors in Cameroon


Colonel Roger Kuitche: “Military strategy is an important tool that will beneft businesses and public administrations”


Investir au Cameroun n100 Juillet-Août 2020

Le Top 100 des acteurs économiques du Camerouns


Colonel Roger Kuitche : « la stratégie militaire appliquée aux entreprises et aux administrations est un outil à exploiter »