X

You deserve more, Find tenders and business leads on the GO

Download Online Tenders iOS app Download Online Tenders Android app
Online Tenders
  • VIEW TENDERS
  • PRICING
    • Home
    • Browse Tenders
    • Pricing
    • How it Works
    • Tender Resources
    • FAQ
    • Signup
    • Login
    • Contact Us
  • LOGIN
  • SIGN UP
Resources How to Tender Tender Articles Tender Sectors Tender News

Nuclear plan: SA ready to call for bidders

The government’s controversial R1-trillion nuclear programme is getting under way in earnest, with the tender process to be opened in the coming days. The state’s intention is to allow for the start of construction of the first nuclear power plant in 2017. While the Department of Energy did not commit to the date, it has confirmed the bidding process will start next month. This comes as President Jacob Zuma on Sunday appointed former Eskom engineer and senior manager Silas Mzingeli Zimu as his special adviser on energy. Deputy director-general for nuclear energy Zizamele Mbambo said construction would start in two years. “Once we have selected the bidder, those details will be firmed up with the bidder,” he said. He said nuclear was part of the energy-mix programme that the government was pursuing.

The costing of the nuclear project would be known in due course. While figures have been bandied about, the government has not yet confirmed if indeed the six to eight power plants would cost R1-trillion. Mbambo said the funding of the project would be determined by the studies they have done. He pointed out that they would wait for the bidding process to start, and allow bidding countries to name their price before settling for the best deal. “When we planned for the nuclear programme, we set up technical sub-working groups. There were six sub-working groups involving skilled government officials working with industry experts,” Mbambo said. He added that these officials and experts looked at all aspects, including costing and financing. On the actual cost of the project, Mbambo said they had done some work and found that it was financeable.

Critics have argued that the nuclear project was too expensive and would cripple the state. But Mbambo said it would be financed properly. “The work has been completed in terms of developing the financing model.”

Source: www.iol.co.za
BACK TO NEWS

Latest News

  • Ramaphosa authorises SIU to investigate dodgy tenders in Mbombela Municipality
  • KZN Transport launches R216 million 'War on Potholes' campaign to improve road infrastructure
  • Businessman pleads not guilty to money laundering in R255m tender case
  • SA Weather Services implicated in alleged tender graft, interference
  • Allegations and threats in R800 million oxygen tender investigation
  • Minister unveils R440 billion plan for South Africa's energy transformation
  • Infrastructure audit programme to boost resource utilisation
  • Court battle over Gauteng's R9 billion school feeding scheme
  • KZN profits from other provinces’ unused funds
  • R300m DSW tender: key witness stands firm amid defence scrutiny
  • ONLINE TENDERS © 2024
  • Terms
  • Privacy
  • Resources
  • Contact Us
By continuing past this page, you agree to our Terms of Service, Cookie Policy, Privacy Policy and Content Policies. All trademarks are properties of their respective owners. 2007-2024 © Online Tenders CC. All rights reserved.
By using this site you agree to OnlineTenders use of cookies to give you a personalised experience. Please read the cookie policy for more information.
Accept