News

Eskom’s refusal to sign new renewables PPAs costing jobs, investments – DCD

Engineering News – ONLINE

03 February 2017

Fears that State-owned Eskom’s protracted delay in concluding power purchase agreements (PPAs) with selected independent power producers (IPPs) could result in job losses and the idling of projects, are emerging, as DCD Wind Towers starts cutting jobs.

The R536-million DCD Wind Towers venture, based in the Coega Industrial Development Zone, in Port Elizabeth, has laid off almost 30 workers and placed 140 staff on short-time, DCD Group CEO Digby Glover said in a statement on Friday. Read more here…

Share This Post

Lost Password

Register