We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

The department of mineral resources & energy has pushed back the deadline for the closure of financial agreements for the winning bidders of its emergency power procurement programme for the fifth time, to May.

The extension of the deadline for financial close — which refers to, among other things, the conclusion of financial agreements that ensure the winning bidders have the required financial capabilities to execute the projects — means the government’s plans to ease the country’s electricity shortages by having the projects operational from the initial date of August this year have been pushed back by a further 12 months...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now