WC Premier reluctant to make a long-term Karpowership investment

Alan Winde, Premier of the Western Cape, has expressed reservations regarding the prospect of a long-term Karpowership arrangement. The Premier stated that investing significant resources in a single energy provider may not be in the best interests of the region.Also read:During a recent assembly of the Western Cape Government Cabinet, a formal standpoint regarding the procurement of electricity through a Karpowership facility was established.

Premier Alan Winde expressed, ‘I do not believe investing vast resources in one company is appropriate, and allowing Karpowership SA to operate in South Africa for such a long time should not be allowed. Premier Winde emphasised, ‘This crisis demands urgent interventions, which must be considered in a transparent manner. We must explore all viable and feasible options to end rolling blackouts, but not at the expense of other role players in the energy space who should also be given the opportunity to be a part of the overall solution.’

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senior Business Analyst - Western Cape Cape TownCreate new business strategies to improve revenue, minimize expenses and reduce risk exposure. Convert data from existing systems into an easily accessible format that can be used for decision support. Develops reports and documents that communicate the results of analysis and risk management projects and strategies. Evaluates risks and recommends policy change. Process modelling, user […]
Source: ITOnlineSA - 🏆 16. / 63 Read more »