Companies & Finance

South Africa’s Eskom and Coega sign MOU on nuclear plants

South African state-owned utilities Eskom and Coega Development Corp. have signed a memorandum of understanding on the country’s nuclear build programme.
By Staff reporter 17 March 2017 0 25102

Two of South Africa’s state-owned utilities, Eskom and Coega Development Corp. (CDC), have signed a memorandum of understanding (MOU) on the country’s nuclear build programme, according to a press release on the South African energy ministry’s website.

The MOU covers areas such as project management and implementation services for infrastructure. South Africa plans to develop 9.6 GW of nuclear capacity.

The tender process for the project has been repeatedly delayed, along with tenders for other types of energy projects such as renewables, gas...