Posted in: Intellidex in the media on Mar 29, 2021
Intellidex estimates that the economy was losing about R700m a day from load–shedding pre-crisis and the number is slightly lower since the pandemic began. To deal with the crisis, Minister of Minerals, Resources and Energy, Gwede Mantashe, announced eight preferred bidders for the emergency supply of 2,000MW of power as part of the Risk Mitigation Independent Power Producer Programme. It’s a welcome, but overdue, intervention.
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