Karpowership receives long-awaited enviro approval for Richards Bay powership

Following much contestation from environmental groups, Turkish energy company Karpowership’s South African subsidiary has succeeded in getting environmental authorisation for its Richards Bay environmental-impact assessment (EIA) application. This represents a critical milestone in Karpowership’s participation in the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) and towards reaching financial close on the project.