Tito Mboweni stresses urgency of embedded energy-generation projects
The finance minister said these projects are the only way to enable an economic recovery
26 April 2021 - 13:55
Finance minister Tito Mboweni has emphasised the urgency of enabling embedded power-generation projects within the next 12 months to drastically reduce load-shedding and facilitate an economy recovery.
Embedded generation, the production of electricity by smaller plants connected to the distribution network, is the only way to enable economic recovery, Mboweni said at the weekend. He noted that “growth prospects are significantly hampered by ongoing energy constraints”. Economic reforms are also essential, he added...
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