Tag: Independent Power Producers
GABORONE (Reuters) - Botswana issued its first licences allowing three private companies to generate their own power which will mostly be destined for export, the energy regulator said on Thursday.
According to a report from the commission on state-owned enterprises, The ANC is prepared to endorse a market friendly approach to South Africa’s energy crisis by opening up a way for the independent power producer programme which will include allowing municipalities and businesses to produce its own power, joining CNBC Africa for more is Thembani Bukula, CEO of PowerX.
South Africa’s power crisis continues to be top of mind for businesses and society. The ruling ANC is hosting a special meeting today to discuss immediate remedies to the power problems.
Ghana’s Power Distribution Services has paid 200 million cedis to the Electricity Company of Ghana as part payment of the owed to the Independent Power Producers (IPP). Paa Kwasi Anamua Sakyi, Executive Director of the Institute for Energy Securities (IES) joins CNBC Africa for more.
He believes the process of awarding contracts has been fair and without corruption.