Sasol “’ announces
plans for new gas
engine power plant
 
Johannesburg, South Africa — ESI-AFRICA.COM — 14 July 2011 – South African petrochemicals group Sasol has announced that it plans to construct a 140-megawatt gas engine power plant for R1.8 billion rand to cut its carbon footprint and reduce its dependence on power utility Eskom.

Electricity production will begin by the end of 2012 and cut carbon emissions by close to 1Mtpa, Sasol confirmed in a statement issued here.

“The project will make a significant contribution to improving the country’s current electricity supply situation by freeing up electricity that would otherwise have to be imported from the national grid,” said Henri Loubser, managing director of Sasol’s new energy unit.

The petrochemicals group is investing heavily in growth, especially by expanding its shale gas portfolio, with capital expenditure for this financial year seen at R23 billion, rising to R31 billion next financial year.