By Thebe Mabanga
Electricity and Energy Minister Kgosientsho Ramokgopa has kick-started private sector participation in South Africa’s electricity transmission build programme by announcing seven prequalified bidders under the Independent Transmission Projects Procurement Programme (ITP).
At the same briefing, Ramokgopa announced R16 billion in renewable energy investments and confirmed ongoing negotiations to reopen two ferrochrome smelters operated by Glencore and Samancor in a bid to prevent job losses.
“This stage of the ITP Procurement Programme marks a defining milestone in government’s strategic drive to expand, modernise and strengthen South Africa’s transmission network through diversified delivery mechanisms and sustained private sector participation, in support of long-term economic growth, industrial development and national energy security,” Ramokgopa said.
He said additional generation capacity being procured between now and 2030, and beyond, is aimed at ensuring the country does not return to loadshedding, as occurred in the early 2000s when warnings of supply shortfalls went
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