Minister Gwede Mantashe announces the Bid Window 5 Preferred Bidders for REIPPPP

Gwede Mantashe

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On 28 October 2021, the Minister of Minerals Resources and Energy (DMRE), announced the preferred bidders for the Renewable Energy Independent Power Producers Procurement Programme (REIPPPP) Bid Window 5.

Mr. Gwede Mantashe provided an update of the new successful bidders – as government attempts to add more capacity to the grid. He said mentioned that “[t]he immediate solution to our electricity challenges lies in getting the existing plants to perform predictably. Bid window five aimed to procure a total of 2,600 MW, which includes 1,600 MW from onshore wind and 1,000 MW from Solar PV plants. The programme attracted a total of 102 bids with capacity totalling 9,644 MW.” In case you have missed the announcement; watch the video below:

To read the full media statement, click here.

Source & Image: Creamer Media.

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