More than 60 power firms signal intention to bid into ‘emergency’ scheme – IPP Office

South Africa’s Independent Power Producer (IPP) Office reported on Tuesday that more than 60 respondents had signalled their intention, by the October 31 deadline for doing so, to participate in the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP), through which government is aiming to procure 2 000 MW of so-called ‘emergency power’. IPP Office CEO Tshifhiwa Bernard Magoro told participants to a virtual panel discussion held as part of the third South Africa Investment Conference that there had been a high degree of interest in the “technology agnostic” programme, criticised by some commentators as including criteria that made it difficult for renewables and battery solutions to submit competitive bids.