Morupule B expansion stalled as contractor demands P8bn surety
Thursday, April 13, 2017
Deadlocked: Governement and the contractors are disagreeing over a sovereign guarantee
Unit 5 and 6 is Botswana’s first Independent Power Producers (IPP) project where the contractor funds construction of the power station and recoup their investment from selling power to BPC.
Construction of the plant was supposed to have started four months ago but in what is likely to be an embarrassing case of oversight by government officials and their legal advisors, it has emerged that a provision to award a sovereign guarantee to the contractor was erroneously included in the tender. This goes against government policy, which stipulates that Botswana does not offer such kind of security.
‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...