Areva, Namibia Power Complete Electricity-Transmission Line

Areva SA, the world’s biggest supplier of nuclear equipment and services, and state-owned Namibia Power Corp. completed construction of an electricity- transmission line in the southern African country.

The link will provide electricity to Areva’s Trekkopje uranium mine and a desalination plant in the western Erongo region, officials from both companies said at a signing ceremony today in Windhoek, the capital.

The project cost 700 million Namibian dollars ($100 million), with Areva, which is controlled by the French government, contributing 600 million Namibian dollars, NamPower Managing Director Paulinus Shilamba said at the ceremony.

The link is part of a 1.6 billion-Namibian-dollar project known as the West Coast Development Program between NamPower and uranium mining companies to boost power supply to Namibia’s uranium belt in the Erongo region.

“This program will be funded jointly by NamPower and its mining customers, with NamPower bearing all capital costs related to future availability of capacities to other customers,” Shilamba said.

Namibia is Africa’s second-largest producer of the uranium, after Niger.

To contact the reporter on this story: Chamwe Kaira in Windhoek via Johannesburg at pmrichardson@bloomberg.net.

To contact the editor responsible for this story: Antony Sguazzin in Johannesburg at asguazzin@bloomberg.net.

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