Global Giants Vie for South Africa’s $23 Billion Grid Modernization Initiative
South Africa’s R440-billion grid expansion program has drawn bids from Adani Power, Chinese state-owned enterprises, and European energy firms. The ambitious project aims to add 14,000 km of transmission lines to support the country’s renewable energy transition. Seventeen international consortia have entered pre-qualification for the landmark infrastructure initiative.
Major International Players Compete for Grid Contracts
South Africa’s massive R440-billion transmission grid expansion has attracted competitive interest from global energy developers, according to reports from the Independent Power Producer Office. Sources indicate that companies owned by Indian billionaire Gautam Adani and several Chinese state-owned enterprises are among seventeen bidders seeking to participate in the continent’s most ambitious energy infrastructure project.