Posts tagged as Renegotiation

Proposed IPP “renegotiations” will threaten green energy investments and job creation

The recent stance by Public Enterprises Minister Pravin Gordhan, as reported in the Business Day, to “renegotiate” contracts with companies which won the first two rounds of South Africa’s renewable energy procurement programme (REIPPPP) will not afford South Africa the opportunity to create value, especially on the job creation front. Eskom’s current load-shedding crisis costs […]

Renewable energy IPP re-negotiation a clear breach of contract

The re-negotiation of terms with successful bidders of the first two rounds of South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) would be a clear breach of contract and damaging to investor confidence says the South African Wind Energy Association (SAWEA) – an industry body which represents the interests of the majority of […]