State owned electric power generation company Botswana Power (BPC) has announced the cancellation of a tender to build and operate a 100MW solar power plant, for which it was seeking private investor partners.
BPC intends to re-issue the tender in order to engage an independent power producer (IPP) who can develop the solar project under a private undertaking.
In a statement, BPC said: “The project which was initially structured as a joint venture between BPC and private producers will now be implemented through independent power producers, meaning it will be 100% privately owned.
“A new tender is anticipated to be floated by end of June 2019.”
The tender for the solar power plant in the country had received 166 bids from both local and international power producers.
Some of the bidders who participated in the bidding process, included Africa Clean Energy Solutions, Changhong Research Labs and Steag Energy Services.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe tender was issued by the state-owned power distributor in order to meet the growing power demand, which according to the company is expected to grow by more than double to 1,359MW by 2035 from around 600MW.
BPC is reported to be exploring new avenues and modernising its power grid and sources in order to cope with the surge.