Solar PV firm fined R200 000 for allegedly colluding in tenders | Business

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A Gauteng-based solar PV firm will pay a fine of R200 000 after being accused of colluding in tenders for the Council for Geoscience and the Department of Mineral Resources and Energy. | News24_Business

A Gauteng-based solar PV supplier and installer has to pay an R200 000 penalty for alleged collusion in public tenders.

The firm, Pacific Solar, has not admitted to having broken competition rules, but agreed to pay the fine.A Gauteng-based solar PV supplier and installer has agreed to pay a R200 000 administrative penalty after being accused of collusion in public tenders. The Commission's investigation was prompted by separate complaints lodged by the Council for Geoscience in October 2021 and the DMRE in May 2022.

The Competition Tribunal adjudicates matters that are referred to it by the investigative authority, the Competition Commission.According to the Tribunal, Pacific Solar agreed to pay the penalty, but did not admit to contravening the Competition Act.

 

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