Date set for signing of contracts for 27 independent electricity projects


File: Energy minister, Jeff Radebe will lead the NDPP interviews on Wednesday.


JOHANNESBURG - Eskom is to sign long-delayed agreements with independent producers for renewable energy next week, Energy Minister Jeff Radebe announced.

The 27 renewable energy projects would create more than 61,000 new jobs and enable R56-billion of new investment in the economy, he said in a statement.

Eskom has been stalling on payment of the projects, despite former president Jacob Zuma having announced two years ago that the projects would go ahead.

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The projects have the potential to add more than 2,000 megawatts to the national electricity grid.  

Terence Govender, chairman of the SA Renewable Energy Council, welcomed Radebe&39;s commitment to having the agreements signed.