Independent Power Producers Office says it is doing all it can to speed up the procurement of new energy to ease the crippling shortage of electricity.
The body responsible for facilitating the government’s procurement of renewable energy from independent power producers has called for greater co-ordination to end delays in the approval of new projects that are compounding the nationwide shortage of electricity.
The delays are in part the result of Eskom’s previous refusal to sign new power purchase agreements with winning bidders, along with litigation by losing bidders and outstanding regulatory approvals...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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