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The Progress of the Plant

June 2019

NMPP re-entered market outside NamPower

May 2020

NMPP signed PPA Term Sheets with various companies

Jan 2021

NMPP Investors regrouped regarding Debt & Equity 

Oct 2022

Engineering redesign & technology selection completed

July 2023

Secured several new offtakers in South Africa and Zambia 

Feb 2024

Concluded PPA term sheets, LOIs and Moa's for more than 700MW 

2019

2020

Sep 2019

NMPP acquired all rights to the IP of WBPP

Dec 2020

Update IPP license with ECB

2021

2022

2023

2024

March 2021

Application submitted for new IPP & Export licences 

Dec 2022

offtaker strategy reviewed and export network studies started

Nov 2023

Discussions progressed with funders for JDA

Oct 2024

Project on target to achieve first power by Q1 2026

May 2018: The ECB renews WBPP IPP Licence, and allows WBPP to seek other off-takers, thus opening up the project to many possibilities.

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June 2019: NMPP re-entered the energy market

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September 2019: NMPP acquired all the rights from WBPP

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January  2020: NMPP engages with potential SAPP Offakers.

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May 2020: NMPP signed PPA Term Sheet with South African Utility

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December 2020: IPP license updated

 

January 2021: NMMP started to the process for new Investors

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March 2021: New application submitted for new IPP & Export licences

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January 2022: ECB approved new Generation and Export Licences

The Project Sponsors is taking the Nathaniel Maxuilili Power Plant solution to new clients across the SADC!

Ultimate goal remains to provide low cost baseload electricity to the region which will allow for rapid expansion of renewable energy.

© 2020-2022 Nathaniel Maxuilili Power Plant

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