Transcript Overview of OPE

21 July 2011, Hilton Hotel
Fillemon Nakashole
Chief Executive
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OPE background
Vision, Mission, Values & Slogan
Milestones achieved & Activities
Capex 2011/2012
Financial Graphs
•White
Paper on Energy of 1998 identified need
for ESI restructuring with aims to:
•Improve efficiency
•Upgrade aging infrastructure
•Lower tariffs
•Accelerate electrification projects
stimulate economy
•OTC
and
therefore
and NamPower agreed for JVC called OPE
•JVC
(OPE) was supported by both MME & MLRGH
•Some of the objectives of a JVC were:
•Reduction of illegal connections & technical losses
•Electrification of urban poor localities of Oshakati
•Improved administration of Electricity Services
•To keep tariffs affordable, yet sustainable
•Reduction of power failures
•To grow the Demand for electricity in Oshakati
•Rehabilitation of the aging electricity network
•Job creation
•Make electricity profitable etc,
•OPE
established in 2000
•Shareholding structure was like:
OTC
NamPower
50%
50%
OPE
•In
2007, NamPower handed over its share
certificate to OTC, which made OTC a sole
shareowner:
OTC
100%
OPE
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To be the preferred electricity distribution
and supply Company in all areas where it
operates.
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Through effective and efficient service,
provide its customers with affordable and
reliable electricity, while exceeding
shareowners’ expectations, caring for its
employees, and expanding its market share.
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Transparency
Ethical Business Practices
Integrity
Accountability
Teamwork
Loyalty
Excellence
Honesty
Commitment
Good Corporate Citizen
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Energizing Your Future.
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Master Plan for Electrification in 2001
Electrification of Uupindi North and Uupindi
South
Electrification of Evululuko Ext. 10, 11 & 12
Electrification of Okandjengedi Ext. 15
Erection of 32 scissor high mast lights
Equipping almost all streets with street lights
Equipping 6 intersections in Oshakati
with Traffic Lights (Robots)
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Ensure and enable fast connection to new
customers
Ensure that technical losses are less than 10%
currently at 7%.
Ensure that debtors pay on time- 32 days
Ensure that suppliers are paid on time
Setting up of 04 Vending Stations
24 Hours Fault reporting centre
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Adequate maintenance of our network to
ensure zero power failure
◦ Network upgrade (MV & LV)
◦ Minisub & Transformer refurbishment
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OPE 11kV Intake Station upgrade
11kV Feeder Cables upgrade
Power Factor Correction
Return to the Shareowners to date
N$31Millions.
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Online Vending
Business intelligence
2 x Vending Stations due to electrification
Customer service centre planning
Electricity Distribution masterplan update
Network upgrade
Installation of 15 High Masts lights – total 47
Install new traffic lights at one Junction
Power Quality System set-up
Thank you
www.ope.com.na
Tel: 065 220 229