SA received global offers to boost power grid: Electricity Minister

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SA received global offers to boost power grid: Electricity Minister
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Electricity Minister Kgosientsho Ramokgopa says South Africa has received multiple offers from across the globe to finance the expansion and strengthening of the power grid.

Electricity Minister Dr Kgosientsho Ramokgopa says South Africa has received multiple offers from across the globe to finance the expansion and strengthening of the power grid.

South Africa has embarked on a just transition from its aging coal-fired power plants, which produce massive amounts of the greenhouse gas carbon dioxide, to renewable energy sources like wind and solar.announcing that lower stages of load shedding are forecast for the week ahead as the country prepares for a transmission financing seminar.“There are a number of offers that are coming from a number of funding and financing sources from across the globe.

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