SA could host auctions to encourage private sector investment in the power grid

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SA could host auctions to encourage private sector investment in the power grid

The head of a South African government office that runs auction rounds for the provision of renewable energy to the state said it’s feasible to set up a similar agency to encourage private investment in transmission.

"It’s not going to be a cut and paste into the transmission space," said Tshifhiwa Bernard Magoro, head of the Independent Power Producers Office, adding that different companies with the requisite skills would need to be encouraged to bid."The message is that it’s possible," he said at a conference in Johannesburg on Thursday.

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