Agreements in the renewable energy independent power producer programme (REIPPP) will not be signed on October 28 as expected, but some progress is being made, according to industry spokesmen. Former energy minister Mmamoloko Kubayi promised in early September that the independent power producer (IPP) deals for bid rounds 3.5 and 4, delayed for two years when Eskom refused to sign, citing affordability, would be signed by the end of October. She said she had instructed the IPP office to renegotiate with all bidders at a maximum price of 77c/kilowatt hour (kWh). After only five months in the job, Kubayi was replaced by David Mahlobo on October 17. Brenda Martin, CEO of the South African Wind Energy Association, said legal opinion obtained on the postprocurement negotiation of the tariff was that after the minister had published a determination on a finalised procurement process, she had no power to amend it. In view of this advice, "we are confident that there should be no concern in...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.