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BPC unveils new strategy, targets P25 billion revenue by 2031

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Botswana Power Corporation (BPC) has launched its 2026–2031 Corporate Strategy, setting an ambitious course towards greater energy self-sufficiency, financial resilience and regional competitiveness while building on the gains achieved under its outgoing Maduo26 strategy.

Launched on Tuesday in Gaborone, the new strategy comes after the conclusion of Maduo26, which ran from July 2021 to March 2026 and focused on strengthening BPC’s generation capacity, network reliability, safety, governance and customer service.

BPC Chief Executive Officer David Kgoboko said the corporation had made significant progress over the past five years despite operating under severe financial constraints. One of the major achievements has been the improvement in generation performance, with domestic generation reaching 86 percent of the country’s electricity requirements during the first quarter of the 2026/27 financial year. This compares with 67 percent of electricity requirements met through BPC’s own generation assets in the previous year.

Kgoboko said the improvement had reduced BPC’s dependence on costly electricity imports, strengthened energy security and eased pressure on the corporation’s finances. The corporation has also completed renewable energy projects assigned to it under the Integrated Resource Plan, bringing 209 megawatts of utility-scale renewable energy onto the national grid.

The Mmadinare 100MW and Jwaneng 100MW solar photovoltaic plants have been commissioned and are commercially operational, supporting Botswana’s ambition of achieving a 50/50 energy mix by 2030. Meanwhile, BPC’s Rooftop Solar Programme has expanded from 40MW to 75MW, with approximately 30MW already installed and operational.

Kgoboko said the corporation had also improved its transmission and distribution infrastructure, replacing ageing assets and strengthening supply reliability in areas previously dependent on cross-border electricity supplies. The transformation has extended to customer service and digitalisation, with investments in information and communication technology, vending systems and digital platforms contributing to the development of the Motlakase App.

Safety and environmental management were also highlighted as key areas of progress. BPC’s Lost Time Injury Frequency Rate improved from 0.34 to 0.11, while its Total Recordable Injury Frequency Rate declined from 1.14 to 0.21 over the five-year period. These improvements culminated in BPC securing ISO 14001 and ISO 45001 certifications for the first time.

TÜV SÜD South Africa CEO Larose Othen described the achievement as significant, particularly given the complexity of implementing the standards across a multi-site power utility.

He said ISO 14001 demonstrated BPC’s commitment to environmental stewardship through resource efficiency, emissions control, waste reduction and minimising its environmental footprint, while ISO 45001 reflected the corporation’s commitment to occupational health and safety.

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