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Murray & Roberts pins growth hopes for power business on private renewable energy projects
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Mix in energy technologies may solve power crisis
By Valerie Boje
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Pretoria - Implementation of renewable energy technologies in line with the government’s commitment to transition to a low carbon economy and ensure security of our energy supply is gaining momentum, with a big shift expected over the next 10 years.
Recently, the Minister of Mineral Resources and Energy, Gwede Mantashe, announced the opening of a new bid window of the Renewable Energy Independent Power Producers Procurement Programme which will procure 1 600MW of wind and 1 000MW of solar capacity from Independent Power Producers.
The programme is a mechanism under which private developers bid for the rights to build new electricity generation projects and sell the electricity to Eskom.
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