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Eskom strips Karpowership of preferential grid access
Eskom has stripped Karpowership and another preferred bidder in the country's emergency private power procurement programme of their preferential transmission grid access due to failure to reach financial close after nearly two and a half years of delays.
The utility said that five budget quotes for the grid integration of the remaining four projects in the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) expired on 31 December 2023 and would not be extended further.
Eskom has stripped Karpowership and another preferred bidder in the country's emergency private power procurement programme of their preferential transmission grid access due to failure to reach financial close after nearly two and a half years of delays.
The utility said that five budget quotes for the grid integration of the remaining four projects in the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) expired on 31 December 2023 and would not be extended further.