Eneo to transfer all reservoir dams to the State of Cameroon

Eneo (Energy of Cameroon), the public service electricity company, is preparing to transfer all reservoir dams. These dams are Mbakaou, Mape and Bamendjin.

On a combined holding capacity of about 6 billion cubic meters of water, the Songloulou and Edea dams are the two most important dams in the country. This transfer advocated by the reform of the law governing the electricity sector began in 2011 and will take effect in the final quarter of 2015, revealed by the general manager of Eneo, Joël Nana Kontchou.

This transfer of the State storage dams follows the transfer of all infrastructure of the electricity transmission network, which then marks a decisive step in the ongoing creation process of a public company specially dedicated to electricity transmission activities in the country.

According to Joel Nana Kontchou, after finalization of the reforms triggered by the Cameroon government, "the electricity market will be more fluid and we hope that many investors will choose the path of Cameroon."

Also, according to estimates of the concessionaire of the public service, electricity in Cameroon, the country needs investments totaling 3,700 billion CFA francs in the next 10 years to shelter the current deficit.