Electricity and Energy Minister Kgosientsho Ramokgopa, alongside Deputy Finance Minister David Masondo, has unveiled the process to pre-qualify potential bidders for the country’s Independent Transmission Programme.
The initiative aims to expand the country’s transmission infrastructure, with a target of building over 14,000 kilometres of new transmission lines by 2032.
The National Transmission Company of South Africa (NTCSA) is expected to lead the R440 billion project.
Ramokgopa says, “This is the single biggest built programme of a post-apartheid government. R440 billion of investment over the next 10 years. A significant part of that is going to come from the private sector. So, we created a procurement dispensation that makes it possible for us to invite the private sector to build, operate, and transfer a concession in the line and returning them back to the state, and in this instance, to the NTCSA, making sure that your rural interland, your peri-urban areas get electricity as you make the point 1,6 million households don’t have access to electricity. So, we are resolving the issue of access. We are resolving the issues of affordability.”
The minister says the programme will ensure that there is adequate local participation in the projects targeting historically disadvantaged individuals.
A launch for SA’s inaugural procurement of independent transmission projects
Discover more from Trendz Africa
Subscribe to get the latest posts sent to your email.