News Formal

POWER CRISIS: Mega bid window to be released to market in June — but SA’s big challenge is grid capacity, says electricity minister

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 84%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

‘You can run as many bid windows as you want, but if you don’t have grid access there’s no value,’ said Minister of Electricity Kgosientsho Ramokgopa.

Kruger explained that if there’s so much capacity up for grabs in a bid window, there’s no competitive pricing because all the bidders know they will win.

Kruger explained that if there’s so much capacity up for grabs in a bid window, there’s no competitive pricing because all the bidders know they will win
 

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

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines