Signing of risk mitigation power deals ‘postponed’

The Department of Mineral Resources and Energy (DMRE) has confirmed the “postponement” of the signing of power purchase agreements (PPAs) for projects selected as part of the controversial Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP). A signing ceremony was expected to take place in Pretoria on Thursday March 31; the already delayed deadline for the projects to reach financial close.