Cold winter for Jo’burg as Kelvin power sale flops

[kaspaas]

Cold winter for Jo’burg as Kelvin power sale flops
CARLI LOURENS
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TRADE AND INDUSTRY EDITOR

THE future of SA’s first independent power project, Johannesburg’s Kelvin power station, hangs in the balance after controlling US shareholder Globeleq abandoned the project last month.

The move comes at a time when parts of Johannesburg, which sources up to 20% of its power from Kelvin, are experiencing black outs even before power usage rises to its winter peak.

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[mancombseepgood]

I tried, but my power tripped and my PC crashed.

[pupa]

They probably realised that this country is not a emerging market but a big cesspool of crime and corruption, and everything goes down the drain like the recent Koeberg saga!

http://www.globeleq.com/fw/main/Login-1634.html?NextURL=%2Ffw%2Fmain%2Fdefault%2Easp%3FD ocID%3D1588%26

In 2003 this was still a good prospect. Cannot see the clicking link? What happened?

http://www.globeleq.com/fw/main/CDC_Globeleq_Appoints_John_Grier_Head_of_Newly_Est ablished_South_Africa_Regional_Office-1513.html