• Thursday, May 30, 2024
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BusinessDay

Rumundaka Wonodi at BD Power Conference

 

 

  • Essentially, what does NBET bring to the table in the privatisation era?

The bulk trader is the off taker of power from generation companies and they are a reseller to distribution companies.

In simple terms, it is the broker between generation companies and distribution companies. It is government owned so it is backed with some kind of sovereign support that allows generation companies be in a position to always get paid for available power that they supply to the grid.

  • So what are the challenges so far?

The challenges are primarily, we still have to take care of a few issues to get into transitional electricity market where our contracts become active.