JOHANNESBURG - Eskom has launched three separate power purchase programmes in an effort to secure an additional 1,000MW of extra electricity generation.
The embattled utility says it hopes to sign the first power supply agreement this week so that more power can be added to the national grid as soon as possible.
The first Standard Offer Programme will see electricity bought from companies with self-generating capacity at a set price for a period of three years.
The second Programme will allow producers to charge higher prices when the grid is significantly constrained.
The third Bilateral Power Import Programme will see more power secured from neighbouring countries.
At first, the programmes will be open to independent generators with more than one megawatt availability.
Over time, the threshold will be lowered to enable smaller producers to participate.