Power ships granted generation licences by regulator

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South Africa Headlines News

Power ships granted generation licences by regulator 🔒

The National Energy Regulator of SA has approved generating licences for all the applicants among the preferred bidders of the so-called emergency round of energy procurement, including for three power ships owned by Turkish company Karpowership.

The emergency procurement round, known as the Risk Mitigation Independent Power Producer Procurement Programme , was conceived of in October 2019 to plug SA’s power supply gap as quickly as possible. But the programme has been bogged down in bureaucratic delays and it was only in March this year that the department of mineral resources & energy announced eight preferred bidders...

 

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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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