Everything Mining Industry Country Focus How to Guide
Intelligence on industry and mining

IPP Office to be incorporated into overhauled Central Energy Fund

Creamer Media Editor
South Africa’s highly respected Independent Power Producer (IPP) Office, which has overseen nearly R200-billion-worth of renewable-energy investment since 2011, is to be incorporated into the Central Energy Fund (CEF), which itself is to be overhauled. Energy Minister Mmamoloko Kubayi announced plans for the restructuring during her inaugural Budget Vote address on Friday, during which she also confirmed that the African Exploration Mining and Finance Corporation, currently a subsidiary of the CEF, would be transferred to the Department of Mineral Resources, along with the Petroleum Agency of South Africa, hitherto under the authority of the Department of Energy (DoE).

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register