Karpowership says it won't abandon SA after setbacks | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 80%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Karpowership, the Turkish company seeking to supply 1 220MW of electricity to South Africa, said it doesn’t plan to abandon its work in the country even after setbacks to all three projects. | News24_Business

"For three years, Karpowership SA has been subjected to multiple, unfounded allegations about its proposed gas-to-power projects," the company said in a statement on Monday."It is South Africans who will suffer from these further delays in getting Karpowership SA’s proposed projects up and running."A shortage of generation capacity is causing rotational blackouts — known locally as loadshedding — of as many as 12 hours a day in South Africa.

The Turkish company won a tender in March 2021 to supply the electricity, but has since been mired in lawsuits and environmental challenges.In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business Smell that corruption- I wonder what’s actually been stored in this boat

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines