R/€ = 15.30Change: -0.05
R/$ = 14.48Change: -0.09
Au 1065.44 $/ozChange: 7.56
Pt 831.50 $/ozChange: -4.00
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 Contact Us
RSS Feed
Article   Comments   Other News   Research   Magazine  
Apr 04, 2012

Exxaro-Tata energy venture aims to generate 16 GW of cleaner power by 2025

Exxaro CEO Sipho Nkosi, Tata Power MD Anil Sardana and Cennergi CEO Thomas Garner outline their visions for the new energy joint venture. Camera Work: Nicholas Boyd. Editing: Darlene Creamer.
Africa|Botswana|Business Growth|CoAL|Cogeneration|Eskom|Gas|Hydropower|Mining|Namibia|PROJECT|Projects|Renewable Energy|Renewable-Energy|Solar|Technology|Africa|Cogeneration|Energy|Cogeneration|Infrastructure|Power
Africa|Botswana|Business Growth|CoAL|Cogeneration|Eskom|Gas|Hydropower|Mining|Namibia|PROJECT|Projects|Renewable Energy|Renewable-Energy|Solar|Technology|Africa|Cogeneration|Energy|Cogeneration|Infrastructure|Power
© Reuse this

Private energy company Cennergi, a joint venture between mining group Exxaro and the power unit of Indian multinational Tata, was formally launched in Johannesburg on Wednesday, where it announced its aspiration to acquire and develop 16 GW of energy generation projects in South Africa, Namibia and Botswana by 2025.

The company, which is headed by Thomas Garner, has already submitted solar and wind bids for the second bidding round under South Africa's renewable energy independent power producer procurement programme, which closed on March 5. The South African government is currently in the process of procuring 3 725 MW of renewables capacity to be introduced over the coming few years.

Cennergi had five renewables projects at a relatively advanced stage, including the 11 MW Letsatsi solar project, in the Northern Cape, the 30 MW Lephalale solar plant, in Limpopo, the 40 MW Tiqua wind farm, in the Western Cape, and the 95 MW Tsitsikamma and the 139 MW Amakhala Emoyeni wind projects, in the Eastern Cape.

It also claims to have a pipeline of other South and Southern African projects, including hydropower projects in the Eastern Cape and KwaZulu-Natal, which were submitted to the Department of Energy (DoE) in response to its recent request for information (RFI) about potential baseload power projects that could be introduced before 2019.

The DoE reported recently that it had received 60 300 MW of interest in response to the RFI for the development of cogeneration facilities, as well as coal-fired power stations, natural gas facilities and imported hydropower projects.

Depending on the success of its renewables bids, which would offer it certainty as well as visibility on it future project pipeline, Cennergi and its owners would consider taking the company public, probably through a listing on the JSE, as well as a foreign bourse. But that decision was unlikely to be made within the next year.

Through Cennergi, Exxaro and Khopoli Investments, Tata's local investment arm, will study, develop, own, operate, maintain, acquire and manage private electricity generation projects in the three identified Southern African countries.

Garner says the initial focus is on renewables, but it will also pursue coal and gas opportunities, while remaining below a self-imposed emissions target.

Exxaro CEO Sipho Nkosi said its partner, Tata Power, had already demonstrated technology leadership in the Indian power sector, where it had emerged as the country's largest integrated private power group, with 5 300 MW of generation capacity, including renewables capacity, 1.7-million customers and 3 000 km of transmission infrastructure.

Nkosi said it had been a "very tough journey" to facilitate the creation of a renewables business within the coal-heavy mining group and lauded business growth GM Ernst Venter for the role he played in helping to create the new unit.

Tata Power MD Anil Sardana said the Southern African venture was consistent with the global group's strategy of pursuing growth opportunities for energy development in new markets.

Garner said the entity aimed to become a partner with Eskom and to actively contribute towards solving the energy challenges facing South Africa.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
Latest News
Updated 3 hours ago The tide has turned for South African ports and the Transnet National Ports Authority (TNPA) is pressing ahead with its investment under Transnet’s Market Demand Strategy (MDS) notwithstanding poor economic growth. TNPA CEO Richard Vallihu told a TPA...
Updated 3 hours ago A 7 500 m2 rooftop solar system has been installed on several buildings at the V&A Waterfront, in Cape Town. The powering of several buildings on the iconic property will result in an estimated 1 640 000 kWh/y of clean energy. So far, 900 kW have been successfully...
Updated 3 hours ago The 865 km gas pipeline from the central processing facility (CPF) in Temane, Mozambique, to Secunda, South Africa, is to undergo a further $210-million expansion, the Republic of Mozambique Pipeline Investments Company (Rompco) confirmed on Monday. Rompco is a joint...
Recent Research Reports
Water 2015: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2015 Report considers the aforementioned issues, not only in the South African context but also in the African and global context in terms of supply and demand, water stress and insecurity, and access to water and sanitation, besides others.
Input Sector Review: Pumps 2015 (PDF Report)
Creamer Media’s 2015 Input Sector Review on Pumps provides an overview of South Africa’s pumps industry with particular focus on pump manufacture and supply, aftermarket services, marketing strategies, local and export demand, imports, sector support, investment...
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,...
This Week's Magazine
The BMW Group will invest R6-billion at BMW Group South Africa’s (BMW SA’s) Rosslyn plant to produce the next-generation X3 sports-activity vehicle (SAV) for the local and export markets. Rosslyn will continue production of the current 3 Series through its lifecycle,...
The lack of consequences for poor performance and transgressions on the part of contractors remains a significant hurdle to tackling South Africa’s service delivery challenges, delegates heard at the Consulting Engineers South Africa Infrastructure Indaba, on...
City of Ekurhuleni executive mayor Mondli Gungubele earlier this month officially named the city’s bus rapid transit (BRT) system, Harambee.
NICK CHRISTODOULOU As about 58% of data stored by organisations is dark, they must identify this dark data to expose risks and valuable information
About 58% of unstructured data stored by companies is dark data, which means that the value or regulatory importance of the data has not been determined. Subsequently, most of the stored data add costs, rather than increasing revenue or reduce regulatory risks, says...
BRIAN VERWEY Effective management, review and administration of non-core elements can improve business operations and increase revenue and decrease unforeseen risks
Effective logistics, import/export and manufacturing consulting services require detailed industry knowledge and experience, but can add significant value to these industries by providing expert advice on various technical elements in their value chains, says...
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