Latest Nigeria News - Latest Naija Gists

Municipalities in good standing can now develop their own electricity

0
(0)
WhatsApp

Municipalities in good standing can now develop their own electricity

Municipalities in good standing can now develop their own electricity

Municipalities in good financial position are close to being able to generate their own electricity.

This can only be possible after they settle their power bills with Eskom.

This comes after Minister of Mineral Resources and Energy Gwede Mantashe gazetted amendments to Electricity Regulations on New Generation Capacity last week.

This new regulation will allow municipalities in good standing to create their own power generation projects.

City of Cape Town had been to the court concerning this issue.

The city’s energy and climate change executive director, Kadri Nassiep, said he his optimistic at this stage.

“The city is still studying the contents of the gazetted regulations and I think the mayor we’ll probably issue a statement in respect to our response. But less than that it’s the step in the right direction,” Nassiep said.

But Nassiep indicated that there were still some unanswered questions.

“Some of them relate to, for example, the need for a feasibility study. There is no indication at this stage on how long that process can take.”

“And then the big question for me is the notion of financial standing, what actually constitutes good financial standing for a municipality,” he said.

The post Municipalities in good standing can now develop their own electricity appeared first on .





Promote Your Music and Video With Today Please Whatsapp On +2349092093564
What do you think about this song? We want to hear from you. Drop your comments

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

South Africa News

Get breaking South Africa news, south africa news today, latest south african news today, what is happening in south africa, latest news south africa, headlines today breaking news, daily news south africa, current situation in south africa

Related Articles

Leave a Reply

Your email address will not be published.