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Turkish firm restores power to Bissau after part of arrears paid

Turkish firm restores power to Bissau after part of arrears paid

POWER returned to Guinea-Bissau's capital after the West African country's government resumed payments to Turkish company Karpowership, which had plunged the city into darkness due to an unpaid debt of $17 million. Karpowership said it cut off electricity supplies to Guinea-Bissau for 1.5 days after fuel suppliers paused work following a protracted period of non-payment. Economy Minister Suleimane Seidi told reporters on Wednesday that $6 million out of $15 million of arrears owed by the Electricity and Water Company of Guinea-Bissau were paid. "We are grateful for the government's efforts to resolve the fuel payments which have allowed for us…
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Guinea-Bissau capital in darkness after Turkish firm cuts power supply

Guinea-Bissau capital in darkness after Turkish firm cuts power supply

GUINEA-BISSAU'S capital was plunged into darkness after Turkish company Karpowership cut off electricity supplies to the West African nation due to an unpaid debt of $17 million, the economy minister said. Minister Suleimane Seidi said arrangements were underway to pay $15 million of arrears owed by the Electricity and Water Company of Guinea-Bissau and promised the issue would be resolved within 15 days. Karpowership, one of the world's largest operators of floating power plants and part of the Karadeniz Energy Group, has been supplying 100% of Guinea-Bissau's electricity needs since signing a deal in 2019, according to its website. "Karpower…
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South Africa grants Turkey’s Karpowership deal to ease power crisis

South Africa grants Turkey’s Karpowership deal to ease power crisis

SOUTH Africa has granted Turkey's Karpowership access to the three ports of Ngqura, Durban and Saldanha Bay for a period of 20 years, the transport ministry said, as it tries to find solutions to the country's power crisis. Karpowership aims to generate power on its floating gas ships and distribute it through South Africa's electricity grid. The plan received a boost from President Cyril Ramaphosa last week after he told lawmakers the ships would help ease the prolonged power shortage countrywide. Karpowership has in the past faced numerous challenges from environmental activists and small-scale fishermen since the South African government…
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Karpowership granted licences in SA

Karpowership granted licences in SA

SOUTH African energy regulator Nersa has granted Turkey's Karpowership three licences to generate power on floating gas ships at ports, a company spokesperson has said. A spokesperson for the National Energy Regulator of South Africa (Nersa) did not respond immediately to a request for comment. Karpowership has faced numerous challenges since the government in March granted it the biggest share of a 2,000-megawatt emergency power tender to provide the cheapest and quickest option for electricity. Its plan to generate power on its floating gas ships and plug it into the South African grid has been stridently opposed by environment activists…
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Multi-billion power tender challenged in SA court

Multi-billion power tender challenged in SA court

A South African government tender for 2 000 megawatts of emergency power has been challenged in court by one of the companies that lost out, potentially delaying capacity being added to the grid and prolonging an electricity crisis. South Africa's DNG Power wants the High Court to review its disqualification from the tender and prevent the government from signing and implementing agreements with the preferred bidders, court papers seen by Reuters show. The government named the eight preferred bidders last month. Turkey's Karpowership was a major winner, with three of its floating gas power stations among the eight projects chosen…
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