The City of Cape Town is looking into shorter contracts with private electricity producers to ease the impact of load shedding in Cape Town. | News24_Business
The City of Cape Town will open its biggest power purchase tender of 500MW for bids this week. The City is looking into shorter contracts with private electricity producers to ease the impact of load shedding in Cape Town.
The upcoming tender forms part of a three-phase procurement programme for load shedding protection, News24 previously reported. "We are confident that Cape Town will be the first metro to break free from Eskom, and in doing so, enable meaningful economic growth and investment that helps more people into work over time. The City is on track to offer protection from the first four stages of Eskom's load-shedding within the next three years," said Cape Town Mayor Geordin Hill-Lewis.
In February last year, the City of Cape Town launched a 200MW tender for renewables. The new tender going out for bidding this week is one of many to be announced in the coming months. "In this way, we are positioning Cape Town as a beacon of hope, showing what can be achieved in South Africa," said Hill-LewisIn times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month.
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