BPC, Eskom talks on
07 February, 2008
GABORONE – Negotiations for Power Purchase Agreements (PPAs) between BPC and Eskom are still ongoing.
The deal will enable Eskom to purchase some of the electricity that will be produced from Mmabula, a company that is involved in the project, CIC Energy, says.
It was responding to reports that the South African power utility had threatened to pull out of the negotiations. The company states that Mmamabula Energy Project is the most advanced independent power producer that can meet the urgent demand for new baseload capacity in Southern Africa.
The quantity of power and rates at which it will be purchased constitute key elements of the PPAs, it says. Eskom is expected to purchase the majority of the 2 100 to 2 460 MW generated in the first phase of the project, while BPCs portion will be sufficient to meet the power consumption needs of Botswana, not already supplied by Morupule.
Eskoms CEO was recently quoted in the media threatening to pull out of [continue reading]