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IPP deal stuck in limbo as officials cite Eskom 'hardships'

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Jeffreys Bay Wind Farm.
Jeffreys Bay Wind Farm.

Cape Town - Eskom will approach energy regulator Nersa as well as National Treasury next month as part of efforts to end the stalemate holding up the independent power producers' (IPP) procurement programme.

A multi-departmental delegation, led by Deputy Energy Minister Thembisile Majola, told MPs on Tuesday that current "hardships", including oversupply, have made it difficult for the utility to sign the power purchase agreements required for the IPPs to start construction.

The delegation included the Departments of Energy, Public Enterprises, Planning and Evaluation as well as National Treasury and Nersa.

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