Finalisation of ‘lowest cost’ IRP included in growth action plan

July 13, 2017

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The finalisation of the “lowest cost” Integrated Resource Plan (IRP) for electricity has been included in a list of energy-related interventions unveiled by Finance Minister Malusi Gigaba as part of ‘Government’s Inclusive Growth Action Plan’ published on Thursday. Likewise, the National Treasury calls for a lowest cost Integrated Energy Plan. The action plan has been formulated in response to confirmation that South Africa descended into its first recession since 2009 earlier this year, despite the easing of previous power constraints, as well as improvements in labour relations, commodity prices and growth prospects among the country’s major trading partners.

Category: General