Karpowership said it’s committed to delivering what would be its biggest-ever project as activists mounted a fresh legal challenge against the company’s plans.
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Outa is challenging the energy regulator’s decision to approve the construction of floating gas power stations in three South African ports.
Eskom has asked Karpowership to indemnify it against any adverse outcomes from corruption allegations in return for securing a supply contract.
Karpowership is expanding its generation capacity by 50% to tap global demand even as it struggles to get projects going in potentially its biggest market.
South Africa’s plan to add an estimated R95-billion worth of private emergency power generation has been further delayed.
A court hearing on Tuesday will determine whether South Africa can move forward with a project to top up its energy capacity after a year of record power blackouts.
South Africa has extended a deadline for companies to reach financial close for projects aimed at ending load shedding.
A key obstacle to an emergency programme to supply 2GW of power to South Africa’s grid has been removed.
The environment department has turned down an application to moor a floating, gas-fired power plant in the port of Richards Bay on the KwaZulu-Natal north coast.
A court case filed by a losing bidder in South Africa’s emergency power programme threatens to delay the provision of the electricity by months.