12 firms in the race for IPP project in Botswana
Twelve Asian mega-corporations dominate the race to win the contract for the expansion of Morupule B Power station by an additional 300 megawatt in Botswana.
The list of the bidders was made available by the Public Procurement and Asset Disposal Board (PPADB) and revealed that several Asian groups with global reach are in the running to build Botswana's biggest Independent Power Producer (IPP) project.
The list includes the following energy development groups:
- Sumitomo Corporation
- Marubeni Corporation
- Korea Electric Power Corporation (KEPCO)
- Nava Bharat Singapore
- Cennergy Pty Ltd
- Tata Power and South Africa's Exxaro
- ACWA Power and SJ. Berwin
- Magala Power Consortium
- Aldwych International
- Endeavour Energy
- Jindal Steel and Power
- Sinohydro Resources
The latest developments follow government's decision in 2010, to scrap a plan for a 600MW Morupule B Phase II and rather extend the current power station by 300MW to cater for forecast shortages in 2016.
The successful bidder will design, finance, construct, own, operate and maintain a 2 x 150MW coal fired power plant to be built at the pithead of Morupule Coal Mine. The bidder will also enter into Power Purchase Agreements (PPA) with the Botswana Power Corporation outlining the tariff charge for power produced over the duration of the contract.
