Powerships: How the multibillion-rand tender was (legal...
Karpowership SA, the Turkish-led consortium tipped as a preferred bidder for an estimated R225-billion energy deal, was dealt an extraordinary series of aces during the tender process. These trump cards allowed Karpowership to emerge as the single largest beneficiary of the government’s Risk Mitigation Independent Power Producer Procurement Programme (RMI4P) — and lie at the heart of industry disquiet and the court challenge being mounted by losing bidder DNG Energy. Read When Mineral Resources and Energy Minister Gwede Mantashe announced preferred bidders in March, three of the eight ...
Source: dailymaverick.co.za