SA agrees to take 2,500 MW for Inga project

28 March 2013 – South Africa has agreed to buy more than half the power from the first stage of a possible US$80 billion Inga hydroelectric project in the Democratic Republic of Congo (DRC). This commitment of a power off-taker might assist the project in getting off the ground.

In March 2013, South Africa completed an agreement to buy 2,500 MW of power from the first phase of a proposed Inga power project, based on the Congo River. The pact was expected to enable the DRC to secure the initial US$10 billion in financing required, said Ompi Aphane, a deputy director-general in South Africa’s Department of Energy, according to a Bloomberg report.