Bank to spend R50m to avert power outages

7 February 2007 News

First National Bank (FNB) said it is spending R50 million on standby generators and UPS (uninterrupted power supply) units at its branches nationwide in a bid to tackle the crisis of power outages.

According to FNB it has already spent about R15,5m of this on standby generators that have been installed at 63 FNB branches across the country. It will deploy an additional 32 generators from March at a cost of approximately R8 million.

These are large machines, some about 1,8 metres high and wide enough to fill an office. They have an average power supply of 220 kW each, and can keep a full-service branch running, including airconditioning, PCs, servers, routers and ATMs. The bank intends to install additional UPS units at 270 branches by June, at a cost of R13,5 million.

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