R/€ = 15.10Change: 0.02
R/$ = 13.29Change: 0.11
Au 1154.55 $/ozChange: 10.40
Pt 977.00 $/ozChange: 24.00
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?

And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters About Us
RSS Feed
Article   Comments   Other News   Research   Magazine  
Jan 21, 2008

Eskom to invite more cogeneration projects, hopes to fast track some

© Reuse this Africa’s biggest power producer, State-owned Eskom, will run another round of bidding for electricity cogeneration, after having received proposals for 5 000 MW in the first bidding process, a senior official said on Monday.

This amounted to about one-eighth of the utility’s current installed capacity, and these projects that got the go ahead would start contributing power to the grid around 2012.

Eskom Enterprises MD Brian Dames said that the capacity-constrained company was now looking at inviting more companies to bid to supply it power “over and above” the current bidding process.

He was speaking after Eskom’s top brass met with representatives of its biggest industrial customers. There were over 130 officials from 38 companies.

“Given the current situation, we are considering running another round, and hopefully we can do a lot with that, and include more parties, and bring some of those proposals forward,” he said at a media briefing in Midrand.

All of the bidders, which included steel giant ArcelorMittal South Africa, sugar cane producers, and biomass producers, had asked for an extension to Eskom’s February bidding cut-off date, which it pushed back to May, Dames said.

The South African power utility had run into severe generating capacity problems since January 10, with national shortfalls reaching levels of 2 500 MW – almost the size of a large power station.

Dames said that while most of the bidders had indicated they could start supplying power from early 2012, Eskom was hoping to push some projects forward, and was looking at ways to incentivise this.

He said that the power parastatal had already signed a cogeneration agreement with petroleum products firm Sasol.

“The ball is now in their court to actually build the plant,” Dames stated.

He added that some of the cogeneration bidders wanted the contracts duration to be extended by a few years to 25 years.

Eskom was hoping to get finality on the legal and commercial framework for cogeneration within the next month.

It was Eskom’s initial aspiration to add 900 MW of power to the grid from cogeneration sources.

Edited by: Mariaan Webb
Creamer Media Senior Researcher and Deputy Editor Online
© Reuse this Comment Guidelines (150 word limit)
Other Video News
Latest News
Updated 7 minutes ago Evraz Highveld Steel and Vanadium creditors would, on Tuesday October 13, vote on a business rescue plan, which included a recommendation that International Resources Limited (IRL), of Hong Kong, be allowed to purchase the company. The vote was initially set for...
Robinson Ramaite
Updated 24 minutes ago Coal mining and trading company Wescoal intends to raise R81-million equity capital to further develop its flagship Elandspruit Colliery as well as fund other growth options. To date,  JSE-listed Wescoal has self-funded growth projects from its own operational cash...
Updated 1 hour 45 minutes ago Dr Danie Cronjé will retire as Sappi chairperson at the end of February 2016. He was appointed to the board in January 2008 and took up the position of chairperson in March of that year.
Recent Research Reports
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
This Week's Magazine
Updated 28 minutes ago In their private capacity, most individuals are well aware of the benefits and game-changing nature of mobile phones and tablets, as well as the associated application software (apps) available for these devices. The manner in which individuals interact and network...
BUSINESS LEADERS PANEL Adam Craker, Ivor Chipkin, Alan Hosking and Allon Raiz at the 6th IQ Business Active Growth conference
At the sixth IQ Business conference held in Sandton last month, a panel of business leaders and academics advocated that business reclaims the initiative to spur growth in South Africa amid fragmented and haphazard political direction. Management consulting firm IQ...
The building industry is an essential component of the South African economy as it contributes about 15% to the gross fixed investment that drives the economy. However, with the country’s economy going through a tough time currently, this, in turn, reflects on the...
The recipients of the 2015 South African National Energy Association (Sanea)/South African National Energy Development Institute Energy (Sanedi) Awards were announced at a ceremony and banquet in Sandton last month. Sanea chairperson Brian Statham named Exxaro CEO...
ASHER BOHBOT EOH’s corporate goals were originally aspirations, but the company is relevant and is making a difference in the territories it operates in
As South African information technology (IT) firm EOH posted another full year of strong growth, CEO Asher Bohbot, known for his frank words, people-centric management style and stoic humanism, attributed the company’s continued South African and African growth to...
Alert Close
Embed Code Close
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96