Fresh P800m budget for BPC

Thursday, December 10, 2015

The Botswana Power Corporation (BPC) is set to be the biggest winner of the supplementary budget, with a further P821.4 million in funding, on top of the P1.5 billion awarded in the February allocations.

The BPC injection is indicated in the P1.32 billion supplementary budget for the 2015/6 financial year as put before Parliament by the Ministry of Finance and Development Planning.

According to the supplementary, the BPC requires P457.6 million for Morupule Coal Mine bills, P153.1 million for Eskom bills, P78.7 million for fuel at the Orapa and Matshelagabedi diesel plans and P72 million to pay contractors.

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Fresh P800m budget for BPC

The Botswana Power Corporation (BPC) is set to be the biggest winner of the supplementary budget, with a further P821.4 million in funding, on top of the P1.5 billion awarded in the February allocations.