BPC seeks P2billion govt support

Friday, September 16, 2016

Botswana Power Corporation (BPC) is seeking P2 billion as support from government to cushion its operational and tariff deficit.

The cash injection is expected to mitigate the corporation’s financial situation for the financial year 2016/17.

The corporation’s chief financial officer, Rebecca Mgadla told the Parliamentary Committee on Statutory Bodies chaired by Samson Moyo Guma that they have proposed to be given P2 billion by government. She said that the figure is still under consideration.

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