Frederico W.L. Pinnock Makilanda, chairman and CEO of Hengye Electronics Indústria, talks to The Energy Year about the company’s new meter factory and the Angolan government’s plan to provide electricity and water meters. Hengye Electronics Indústria has built a first-of-its-kind water and energy meter production plant at the Luanda-Bengo Special Economic Zone (ZEE).
How competitive is the electricity and water meter supply business in the country?
We are waiting for the sector to open up and for private players to be able to buy and install meters independently. The only companies that can buy electricity meters are public electricity companies. Private companies can also buy meters, but they will have to liaise with utility companies so the meters can be registered in the system. You need to prepay to have access to electricity or water.
Furthermore, there is progress, as the Ministry of Energy and Water recently launched an international tender to procure electricity meters that we are also participating in. The government has a significant plan for local production. We have a similar law in the power sector to that of the local content regulation in the oil and gas industry.
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