http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.21Change: -0.08
R/$ = 11.06Change: -0.15
Au 1222.82 $/ozChange: -13.30
Pt 1348.00 $/ozChange: -14.00
 
 
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  
 
 
Mar 05, 2012

Exxaro, Tata move power JV forward

Back
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
Africa|Exploration|PROJECT|Projects|Renewable Energy|Renewable-Energy|Resources||Africa|||Energy|Maintenance|Mining||Power|
africa-company|exploration|exxaro|khopoli-investments|project|projects|renewable-energy|renewable-energy-company|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



South African diversified resources company Exxaro and India-based power utility Tata Power Company, through its subsidiary Khopoli Investments, are expected to launch a 50:50 joint venture (JV) energy company next month.

The initial project pipeline of Cennergi, which will be based in South Africa, focused on renewable energy projects in the country, with a strategy to create a balanced portfolio of energy-generation assets.

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
De Beers CEO Philippe Mellier
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...
More
 
 
Latest News
Ian Donald and Sullivan O’Carroll
Nestlé South Africa announced plans on Wednesday to invest a further R2-billion over the coming five years to grow its domestic manufacturing base, which would increasingly be used as a platform to supply into fast-growing sub-Saharan African markets. The Swiss food...
In a landmark R1.5-billion deal that precedes it planned listing on the JSE, Pivotal Property Fund has acquired “strategic” land and property assets from Standard Bank Properties, which includes Sandton’s landmark Alice Lane development. “Pivotal has acquired...
Lafarge Africa, Finland's Wartsila and the World Bank's IFC have agreed to build a 220 MW gas-fired power plant in Nigeria to boost electricity supplies, they said on Wednesday. The trio said in a statement their plan was to help fast-track increased power supplies...
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