ENERGY and Mineral Resources Minister Gwede Mantashe has announced the eight preferred bidders for the Risk Mitigation Independent Power Producer Procurement Programme.
Eskom has been battling to keep the lights on while conducting maintenance on its ageing infrastructure.
The poor performance of Eskom’s plants, which subsequently requires the utility to implement frequent power cuts, continues to constrain economic recovery.
“The evaluation process has resulted in the selection of 8 Preferred Bids totalling 1 845 megawatts and a further 3 eligible bids totalling 150 megawatts, ” said Mantashe.
“The three Eligible Bids are subject to value for money proposition in line with the provisions in the Request for Proposal. It is important to note that these Three bidders are within the 2 000MW capacity threshold in terms of the evaluation rankings, but their announcement can only be made following satisfactory value for money propositions.”
The tender for 2 000 megawatts (MW), launched
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