PPADB approves P8bn Morupule B expansion tender
Wednesday, March 09, 2016
Construction if the new Morupule plant is expected to be complete by 2020
In a notice published in the Daily News yesterday, the PPADB said a joint venture between Japan’s Marubeni and South Korean, Posco Energy has won the bid to expand the Morupule B Power Station by a further 300MW. The consortium will supply Botswana Power Corporation (BPC) with power over a 30-year period at a cost of P812.56 per Megawatt hour.
“A request by the Ministry of Minerals, Energy and Water Resources to award the tender at Morupule to Marubeni-Posco Energy consortium at a levelised cost of electricity of P812.526 per Megawatt hour (MWh) has been approved,” said the PPADB. A MWh is equal to 1,000 kilowatts of electricity used continuously for one hour.
It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...