OREANDA-NEWS. May 28, 2012. Tata Power, India's largest integrated power company's South African Joint Venture Company with Exxaro called Cennergi (Pty.) Ltd. (Cennergi) has been selected as the "Preferred Bidder" for the 139 MW Amakhala Wind Farm project and the 95 MW Tsitsikamma Wind Farm project by the Department of Energy, South Africa (DoE).
The bids for these projects were submitted on 5 March 2012, under the second window of the Independent Power Producer Procurement Programme (IPPPP) by the Department of Energy, South Africa (DoE).
Cennergi is 50:50 Joint Venture between South Africa's Exxaro Resources Limited ("Exxaro") and The Tata Power Company Limited ("Tata Power"), India's largest integrated power utility.
Mr. Thomas Garner, CEO, Cennergi said: "We had presented a very high quality bid, tailor-made for the energy needs of the Republic of South Africa. We are very excited by this opportunity and are looking forward to building successful wind projects."
Mr. Anil Sardana, MD, Tata Power said, "Tata Power's global footprint has been further augmented through its JV with Exxaro to explore electricity generation opportunities across South Africa, Botswana and Namibia. We are pleased to share that Cennergi has been announced as preferred bidder for two wind projects of 234 MW - Amakhala 139 MW and Tsitsikamma 95 MW".
Cennergi, based in South Africa, focuses on the investigation of feasibility, development, ownership, operation, maintenance, acquisition and management of electricity generation projects in South Africa, Botswana and Namibia. The initial project pipeline focuses on renewable energy projects in Southern Africa and Cennergi's strategy is to create a balanced portfolio of generation assets.
Cennergi aims to be the leading cleaner energy independent power producer (IPP) in Southern Africa, serving an expanding energy market. The company's diverse project portfolio confirms its commitment to both people and planet. Through Cennergi, the JV will be powering social and economic progress in the areas in which it will operate. The partnership with Tata Power will add the skills and capabilities necessary to create a world class energy company in the region with enormous growth opportunities.
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