http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.16Change: 0.14
R/$ = 10.94Change: 0.10
Au 1237.24 $/ozChange: 2.49
Pt 1369.00 $/ozChange: 6.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
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 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

Back
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|Business Growth|CoAL|Cogeneration|Eskom|Hydropower|PROJECT|Projects|Renewable Energy|Renewable-Energy|Africa|Cogeneration|Energy|Mining|Cogeneration|Infrastructure|Power
Africa|Business Growth|CoAL|Cogeneration|Eskom|Hydropower|PROJECT|Projects|Renewable Energy|Renewable-Energy|Africa|Cogeneration|Energy|Mining|Cogeneration|Infrastructure|Power
africa-company|business-growth|coal|cogeneration|eskom|hydropower|project|projects|renewable-energy|renewable-energy-company|africa|cogeneration-industry-term|energy|mining|cogeneration-person|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)
 
 
 
 
 
 
 
 
Other Video News
More
 
 
Latest News
DBSA CEO Patrick Dlamini
Following record disbursements of R12.7-billion in 2014, the State-owned Development Bank of Southern African (DBSA) reported on Monday that it planned to raise total yearly disbursements to R22-billion by 2017, with a major focus on under-resourced municipalities....
Through consolidating its operations into one central 59 000 m2 building, which was currently under construction near Freedom Park in Tshwane, Statistics South Africa (Stats SA) would streamline its processes and achieve greater efficiency, Minister in the Presidency...
Tanzania has signed an agreement with French oil producer Maurel et Prom and Wentworth Resources for the supply of gas aimed at doubling the country's power generation capacity to 3 000 MW by 2016. Oslo Stock Exchange and London AIM-listed Wentworth Resources said in...
More
 
 
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 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 network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
 
 
 
 
 
This Week's Magazine
The board of UD Trucks Southern Africa (UDTSA) has announced the resignation of MD Jacques Carelse.   Long-time UD employee, corporate planning and marketing GM, Rory Schulz, has been appointed as acting MD while the process started to appoint a new MD. The Japanese...
There is a need to start planning another pumped storage scheme in South Africa. Much work has already been done at a site in the Limpopo province and the project was very close to being put out to tender at one stage. In 2008/9 the National Energy Regulator of South...
The Coega Development Corporation (CDC) is preparing to leverage its strategic coastal position to develop the Eastern Cape economy through proposed aquaculture development zones (ADZs), with a proposed R2-billion project aiming to contribute $278-million to the...
Completion of the ongoing construction of the 102 km Zomba–Jali–Phalombe–Chitakale road, in southern Malawi, has been extended from June  to December 15 because of persistent rains and difficulties in paying the contractor. The project is being undertaken by Kuwait's...
The Malawi government has awarded South African firm  Fischer Consortium the  contract to upgrade the Malawi Road Traffic Information System. The Directorate of Road Traffic and Safety Services at Malawi's Ministry of Transport and Public Works says Fischer...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
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
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks