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DNG Hearing Due today Risks Stalling 2,000MW in Additional Grid Capacity for SA



  • DNG court hearing today set to determine whether SA can move forward with plans to boost energy capacity by 2,000MW after the company appealed to block a tender that it deemed to be corrupt.
    • DNG was beaten by Karpowership in its bid to supply 1,220MW at a cost of R216bn over 20 years. Approval of DNG’s case would see the program delayed possibly to 2024 in a major blow to SA’s energy outlook - bbg
  • Eskom says it is planning to propose taking a portion of the $8.5bn climate funds as an equity injection. Also plans to use the funds to close some coal-fired plants and construct renewable facilities to replace them.
    • Eskom has a proposed pipeline of R200bn in renewable energy, gas & battery storage projects and needs to spend R120bn on transmission lines. However, with its debt set to reach R416bn by April, it will struggle to take on more lending without breaching its loan covenants – BusinessTech
MNI London Bureau | +44 020-3983-7894 |
MNI London Bureau | +44 020-3983-7894 |

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