Power sources do not need to be located in a city-supply area.
Launched by Cape Town Mayor, Geordin Hill-Lewis, the tender represents efforts by the municipality to utilize independent power producers to scale up energy security.
Under the larger ‘Building Hope’ Budget tabled for public comment on March 29 – a R2.3 billion action plan to end loadshedding within three years – the tender is expected to entice a suite of power players and financiers.
“We encourage the market to take note and participate. The city is on track to offer protection from the first four stages of loadshedding within the next three years,” he stated.