Eskom on track to meet winter electricity demand
State-owned power utility Eskom has reiterated its commitment to keeping unplanned breakdowns below 4 000 MW and ensuring no load-shedding for the rest of the year, as it revises its weekend maintenance plans in line with dropping temperatures. As winter temperatures start to set in, the State-owned company reported growing demand for energy, which it […]
Continue ReadingCommercial operation starts at R3.5bn Dedisa peaker power project
Commercial operation has started at the 335 MW Dedisa Peaking Power project, in the Coega industrial development zone, in Port Elizabeth. The R3.5-billion project was originated by the Department of Energy (DoE), with the build, own and operate contract awarded to a consortium comprising ENGIE (formerly GDF Suez), Legend Power Solutions, Mitsui & Co and […]
Continue ReadingFixing Eskom, SAA, Sapo not for votes, says Ramaphosa
Deputy President Cyril Ramaphosa said on Wednesday that his attempts to improve the efficiency of South Africa’s state-owned entities (SOEs) are not an attempt to get more votes in the 2016 Local Government Elections. He was updating the National Council of Provinces on his plans to improve the efficiency of key state-owned entities (SOEs) such […]
Continue ReadingPlatinum Power to build $845m hydropower project in Cameroon
Morocco’s Platinum Power, a subsidiary of US private equity firm Brookstone Partners, plans to invest 500-billion CFA francs ($845.87-million) to build a hydroelectric project in Cameroon, the company said. Platinum Power signed a framework public–private partnership agreement with the Cameroonian government on Wednesday to build a 400 MW capacity complex in Makay, in the country’s […]
Continue ReadingEskom seeks 25% immediate tariff hike in ‘selective’ reopener to Nersa
The National Energy Regulator (Nersa) confirmed on Friday that it had received Eskom’s application for the selective reopening of the final three years of the third multi-year price determination (MYPD3) decision, which began on April 1, 2013 and will continue until March 31, 2018. Print Send to Friend 5 0 Should the application be approved, […]
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