On Tuesday, South African power utility, Eskom, signed a Memorandum of Understanding (MoU) with the Coega Development Corporation (CDC) to support the nuclear new build programme, SA News reported.
Under the MoU, the two state-owned companies will work together in support of government's plans to build local capacity through supplier development and localisation around the unfolding infrastructure for the nuclear programme. Read more...
Eskom's Group Executive for Group Capital, Abram Masango, commented: "We are gearing ourselves up in preparation for the nuclear new build programme in order to deliver the project within the set timelines and budget.”
Masango added: “We want to ensure that South Africans get reliable, decarbonised baseload power that will bring sustainable economic growth."
The areas of cooperation covered in the memorandum include the following areas:
Also commenting on the partnership, CDC’s executive manager of business development, Christopher Mashigo, said the collaboration with Eskom is aligned with the corporation's mandate to drive the creation of an industrial complex to promote integration with industry and increase value-added production, while creating employment.
Mashigo said: "An integrated energy plan carries with it the potential to catalyse the re-industrialisation of the East Coast Corridor manufacturing economy - translating to a higher and inclusive growth path and job creation."
Eskom said the success of the nuclear new build programme rests on the participation of various government departments and state-owned enterprises.
"The memorandum of understanding between Coega and Eskom enhances the bond between these state entities," the power utility stated.
Eskom is the designated procurer for the nuclear new build programme. Read more...
Featured image: Energy Vulture