Southern African energy development company Tlou Energy has awarded tenders for the construction of transmission lines and substations to connect the coal-bed methane Lesedi power project to the Botswana national electricity grid at Serowe, the company said on April 14. Botswana electrical engineering company Zismo Engineering was awarded the tender to build the 100 km overhead line, while construction and mining contract multinational Murray & Roberts subsidiary OptiPower will build the substations at Lesedi and Serowe.
Above-inflation increases to South Africa’s electricity and water prices pose a risk to the consumer inflation outlook and could trigger a rise in lending rates, the central bank said on Wednesday. “These risks, should they materialise, could drive headline above the 4.5% target midpoint and possibly dislodge inflation expectations away from the midpoint,” the bank said in its bi-annual Monetary Policy Review.
Diversified miner Anglo American has delivered on its commitment to source 100% renewable energy for all its operations in Brazil, Chile and Peru. The miner previously secured renewable energy to meet all of its power requirements for its iron-ore and nickel operations in Brazil from 2022, as well as for its copper operations in Chile from this year.