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Ramokgopa in conversation with Karpowership on five- to ten-year contracts

South Africa’s Electricity Minister Dr Kgosientsho Ramokgopa is having discussions with Karpowership about the potential for introducing the floating gas-to-power plants under a power purchase agreement (PPA) with terms of between five and ten years, instead of 20 years. In providing an update on the reforms being pursued under Operation Vulindlela, including various electricity reforms, project management unit head Rudi Dicks reported that powerships were not among the Risk Mitigation Ind...
South Africa Richards Bay Kwazulu Natal Saldanha Bay Western Cape Kgosientsho Ramokgopa

Much still to do

There is no question that Operation Vulindlela has done a good job in identifying the main obstacles to important structural reforms in key growth- and job-creating sectors such as electricity, transport, water, tourism, and digital infrastructure. There is also no doubt that the initiative, established in October 2020 by the Presidency and the National Treasury, has made some important progress in tackling those obstacles.
South Africa Cyril Ramaphosa Property Commission National Energy Regulator Of South Africa National Treasury Operation Vulindlela

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