South Africa Says Private Companies to Add Four Gigawatt to Grid by End 2024
- Private companies to be allowed to access state rail lines
- National water agency bill to be taken to parliament shortly
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South Africa expects private companies to add more than 4 gigawatts of electricity generation capacity to the grid by the end of 2024, as the government accelerates efforts to increase private sector participation in its power, rail and water industries.
Presentations released on Tuesday by Operation Vulindlela, a unit run by the presidency and the National Treasury that aims to remove blockages to investment, showed the measures the state is taking in a bid to compensate for the deterioriating performances of state-run companies.