State-owned power utility Eskom was ready to connect and pay renewable energy independent power producers (IPPs), and wanted to do this “as soon as possible”, said operations and planning division MD Kannan Lakmeeharan.
Speaking at the Energy Indaba in Sandton, the Eskom official said that the funds to pay IPPs had been collected through tariffs, and had been ring-fenced specifically for the purpose.
It was envisaged that the procurement process for 1 025 MW of renewable energy would be commissioned over the next three to four years.
