Nersa approves Karpowership generation licences - The Mail & Guardian

The National Energy Regulator of South Africa approved seven generation licence applications under its Risk Mitigation Independent Power Producer Procurement Programme.

Turkey-headquartered Karpowership is the owner, operator and builder of the first powership fleet in the world. A powership is a floating power plant that generates electricity. According to Outa, the 20-year power-supply deal, which will provide 1 220MW of energy through floating storage and regasification power plants, could cost up to R218-billion.

A legal challenge is underway alleging failure of due process, corruption and nepotism that will be heard by the court only in early December.

Who stands to benefit? It does not look like the taxpayer or the environment…

Because we all know there are bribes involved the ANC is in desperate need of money for the elections

They shouldn't be the ones that decide.....

This are big corruption

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Outa demands Nersa's reason for approving Karpowership licencesOuta says the three controversial floating power plants will impact negatively on the electricity price, while South Africans will be burdened with a R218 billion deal for the next 20 years.
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Karpowership rocks the boat with 3 licences, despite legal fights and environmental concerns | Fin24Environmental group the Green Connection says it will consider taking legal action after the National Energy Regulator of SA approved three generation licences for floating powership provider Karpowership SA. | JanTamb Fin24
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Power ships granted generation licences by regulatorThis is just one of the stages in the approval process, with environmental authorisation and other permits still required Well, well, well GwedeMantashe1 must be smiling…. Unclear why NERSA gave this the green light when the deal will cost SA more in the long run, no local skills transfer and a long term diesel intensive hire… baffling
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