Eskom doesn’t want to buy electricity from the company that won most of a government emergency power tender because it’s concerned about the cost and length of the contract, sources said.
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DNG Energy, a South African gas company, has sued to halt the government’s award of emergency power supply contracts, alleging that the process was tainted by corruption.
Government’s proposed deal with Karpowership to buy electricity generated on its three floating power stations over a period of 20 years will expose consumers to considerable risk.
Karpowership, a unit of the Turkish Karadeniz Energy Group, is on track for its longest contract to date to supply power from vessels to South Africa in a deal worth as much as R218-billion.
South Africa has announced eight preferred bidders to provide emergency power as the state-run electricity monopoly continues to implement rolling blackouts that are weighing on the economy.
Government has issued a request for proposals to procure 2GW of emergency power, a step needed to help plug a severe energy shortage, the department of energy said on Saturday.