Windhoek:NamPower's profit after tax has risen significantly from N$193 million in 1999 to N$1.4 billion by 2025, as reported by Managing Director Kahenge Haulofu during the launch of the company's 2026-2023 Integrated Strategic Business Plan (ISBP). This event coincided with the commemoration of NamPower's 30-year anniversary.

According to Namibia Press Agency, Haulofu detailed the company's financial growth, highlighting that cash flow from operations increased from N$308 million in 1999 to N$1.9 billion in 2025, with an operating profit currently at N$1.3 billion. The asset base has expanded substantially, from N$3.8 billion to N$59 billion, with over N$21.8 billion invested in infrastructure over the past 30 years.

NamPower's generation capacity has also seen growth, increasing from 394.6MW in 1996 to 563.5MW in 2026, representing a 43% rise. However, Haulofu pointed out the ongoing challenge of reliance on electricity imports, which make up an average of 50% annually and can reach up to 70% during dry seasons.

Despite regional power deficits, NamPower has maintained average system reliability above 99% with no major power interruptions. The utility's transmission network covers over 13,000 kilometers and includes the 953-kilometer Zambezi Link, a 350kV HVDC interconnector. Additionally, the company has increased its staff from 781 in 1996 to 1,129, with a significant rise in female employees from 51 to 295.

Current projects include the 100MW Sores |Gaib Solar PV project near Rosh Pinah, the 40MW Otjikoto Biomass project near Tsumeb, and the 80MW Omburu PV II project outside Omaruru. Haulofu reiterated NamPower's dedication to supporting national goals outlined in the National Development Plan and the National Integrated Resource Plan and emphasized the company's commitment to ensuring a reliable power supply under its new strategic plan.