The Department of Electricity and Energy (DEE) and the National Treasury (NT) is launching the Request for Pre-Qualifications (RFQ) for Independent Transmission Projects (ITPs), at the Johannesburg Stock Exchange (JSE) on Thursday, at 10am.
The Department said in a brief, “the ITP is a transformative initiative that opens the country’s transmission sector to large-scale private sector investment aimed at modernising and expanding the country’s transmission infrastructure to enhance energy security and stimulate job creation, while fostering long-term industrial renewal essential for meeting rising energy demands and achieving national decarbonisation targets.”
The briefing is expected to detail the ITP and its strategic objectives, emphasising the importance of the RFQ as a key milestone.
It also promises to provide insight into the RFQ process and its timeline as well as anticipated outcomes and benefits of the ITP Programme.
Picture: Keentel Engineering