Four-way race opens for 300MW contract
Friday, July 16, 2021 | 920 Views |
Powering the nation: Morupule B is the country’s primary coal-fired power station PIC: MBONGENI MGUNI
The 300MW tender first floated in 2013, represents the only government-backed fossil fuel procurement in the 20-year Integrated Resource Plan prepared by the Ministry of Mineral Resources, Green Technology and Energy Security. The balance of projects in the plan is from sustainable sources.
“There is a 300MW tender that has been given out and we believe the companies shortlisted will prove successful at it,” Mineral Resources, Green Technology and Energy Security minister, Lefoko Moagi told a televised briefing on Monday. “The four companies are already advanced and we are yet to see which one will be selected. “The power station will be built next to the mine.”
“Financial freedom is more of ajourney than a destination.”– Rob BergerThe preliminary 2026–2027 budget deficit has been revised down to P9 billion, which is an equivalent to 3.1 percent of Gross Domestic Product (GDP). It is an improvement from the P26 billion or 8.9 percent of GDP projected in February.This P17 billion improvement is significant and deserves acknowledgement.Government’s restraint on non-essential expenditure, tighter...