• Mining
Friday, May 30, 2025
Namibia Mining & Energy: News, Trends, Oil, Gas & Hydrogen
NEWSLETTER
No Result
View All Result
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc
No Result
View All Result
Namibia Mining & Energy: News, Trends, Oil, Gas & Hydrogen
No Result
View All Result
Home Energy

Namibia allocates N$56.3 million for Baynes Hydropower preparations

reporter by reporter
May 8, 2025
in Energy
1.8k 18
A A
0
 

The Namibian government has allocated N$56.3 million towards the development of power generation infrastructure, with part of the funding earmarked for preparatory work on the planned Baynes Hydropower Project, Minister of Mines, Industry and Energy, Natangwe Ithete, has announced.

The joint Namibia-Angola project, set to deliver 600 megawatts of renewable energy, is expected to commence construction in the first quarter of 2027, following Cabinet’s approval anticipated in the same year.

“It is one of Namibia’s most strategic energy infrastructure undertakings, with the potential to supply our country with ample clean, reliable electricity at prices that are far more stable and competitive than fossil fuels,” said Ithete.

The funding allocation will cover key preparatory activities including technical studies, dam design, transmission planning, and development of supporting infrastructure.

Once operational, the hydropower facility is expected to contribute significantly to Namibia’s goal of long-term energy independence, with each country set to receive an equal share of 300 megawatts. There are also considerations for regional off-take arrangements.

Namibia and Angola first initiated discussions on potential shared hydropower development in 1992, which led to detailed technical and environmental assessments of prospective sites. However, progress has been hampered over the years by the project’s considerable cost implications, with the estimated development bill standing at approximately N$22.6 billion.

To enhance coordination and project delivery, the two governments last year agreed to establish two new governance structures: a Binational Implementation Unit to replace the current Project Office, and a Joint Project Office to be located either in Windhoek or Luanda.

author avatar
reporter
See Full Bio
Share396Tweet248

Related Posts

Building an oil refinery could be a fine idea
Energy

Building an oil refinery could be a fine idea

  By John Steytler Economic collaboration between Namibia and Botswana has the potential to reshape the regional energy landscape. Recently,...

May 26, 2025
KAESO supports oil majors in Namibia’s offshore exploration push
Energy

KAESO supports oil majors in Namibia’s offshore exploration push

  KAESO Energy Services has emerged as a key oilfield services provider in Namibia, with its operational base in Lüderitz...

May 18, 2025

Recommended

Namibia oil stake drives up JSE-listed HCI share price

Namibia oil stake drives up JSE-listed HCI share price

3 years ago
Etango processing facilities advance as bulk earthworks stay on track

Etango processing facilities advance as bulk earthworks stay on track

5 months ago
Load More

Newsletter

Black transparent logo for dark mode

About Us

The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors

Categories

  • Copper
  • Diamonds
  • Energy
  • Gold
  • Green Hydrogen
  • Lithium
  • Mining
  • Namibia
  • News
  • Oil & Gas
  • Opinions
  • Tin
  • Uranium
  • Zinc

Get in touch

Email:newsdesk@miningandenergy.com.na

© 2024 Mining and Energy | All Rights Reserved. The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc

© 2024 Mining and Energy | All Rights Reserved. The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors.