Energy Minister Tina Joemat- Pettersson confirmed on 24 February that 77 bids were received by the 18 August 2014 submission deadline for the fourth bid window under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) and that, with the evaluation process complete, an announcement of the preferred bidders was "imminent".
The Minister indicated that the implementation, power purchase and direct agreements should be signed within six months from the preferred bidder announcement date, with the projects reaching financial close within 300 days of the signing of the agreements.
Meanwhile, the Economic Sectors, Employment and Infrastructure Development Cluster of Ministers also reported that the process of renewing existing cogeneration contracts would be concluded in February and that negotiations for additional cogeneration capacity would be finalised during the first half of the year.
The Ministers also announced that a "fair, transparent and competitive procurement process to select a strategic partner or partners to undertake the nuclear build programme" would proceed during the coming financial year. Inter-governmental agreements had already been concluded with five countries including the US, South Korea, Russia, France and China. Joemat-Pettersson reiterated that the nuclear procurement model had not yet been determined, but that the department is currently engaged in the pre-procurement phase including investigating the various procurement models that will be submitted for approval by Cabinet.