Big guns dominate bid round

Issue 265 - 07 Nov 2013 | 4 minute read

The latest round of renewable energy independent power producer procurement (REIPPP) programme boasts an impressive reduction in the price of power and the largest number of bids submitted to date. A total of 93 power projects were submitted, representing a combined capacity of 6,023MW. Seventeen have been selected so far, with total capacity of 1,473MW and an estimated value of R44bn ($4.3bn). The 29 October announcement said further projects may be selected by 20 November due to the high number of “very competitive” bids. Eighteen bidders were sent letters of non-appointment due to non-compliance with qualification criteria.

Tagged with:

Pin Power

Pin South Africa

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map