Mar 05, 2012
Exxaro, Tata move power JV forwardBack
Africa|Exploration|Exxaro|Khopoli Investments|PROJECT|Projects|Renewable Energy|Renewable-Energy|Resources|Tata Power Company|Africa|Botswana|India|Namibia|South Africa|Pipeline Of Cennergi|Energy|Energy-generation Assets|Maintenance|Mining|Renewable Energy Capacity|Renewable Energy Projects|Anil Sardana|Power|Sipho Nkosi
© Reuse this
Exxaro CEO Sipho Nkosi previously told Mining Weekly Online that the JV was in the process of submitting five renewable energy projects – two solar and three wind – under the Department of Energy’s (DoE’s) ‘request for qualification and proposals for new generation capacity’ in the second bidding window, which closes on Monday.
The DoE was seeking to procure 3 725 MW of renewable energy capacity from independent power producers (IPPs) between 2012 and 2016.
Nkosi expected Cennergi to play a key role in the African electricity generation market, with the aim of becoming a leading cleaner energy IPP in Southern Africa.
Cennergi would investigate the feasibility, development, ownership, operation, maintenance, acquisition and management of electricity generation projects in South Africa, Botswana and Namibia.
“The joint venture is consistent with our strategy of pursuing exploration opportunities for energy development in growing markets,” said Tata Power MD Anil Sardana in a statement.
He added that, together with Exxaro, the company would develop efficient, high-quality and sustainable projects that would bring significant benefits to the region and local communities.
Edited by: Mariaan Webb© Reuse this Comment Guidelines (150 word limit)
Other Mining News
Global 2013 rough diamond carat production was still well below the 2005 peak of 175-million carats, at a time when global diamond jewellery demand had reached record highs, De Beers said on Wednesday. Releasing its inaugural Diamond Insight Report, which...
Randgold Resources, a joint-venture (JV) partner in AngloGold Ashanti's Kibali mine in the Democratic Republic of Congo, believes the stake it does not own is too costly at current prices, its chief executive said on Tuesday. CEO Mark Bristow spoke in response to a...
The mining industry, which is facing tumultuous times in terms of funding, collapsed project pipelines and the ever present issue of resource nationalism, needs to develop an innovative strategy to ensure its sustainability and relevance going forward, says...
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...