{"id":94388,"date":"2025-12-16T16:48:34","date_gmt":"2025-12-16T16:48:34","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/global-billionaire-shortlisted-for-r440-billion-rollout"},"modified":"2025-12-16T17:17:34","modified_gmt":"2025-12-16T17:17:34","slug":"global-billionaire-shortlisted-for-r440-billion-rollout","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/global-billionaire-shortlisted-for-r440-billion-rollout","title":{"rendered":"Global Billionaire Shortlisted for R440 Billion Rollout"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>South Africa\u2019s electricity ministry selected seven groups of companies as pre-qualified bidders for the country\u2019s R440 billion transmission-grid expansion program.<\/p>\n

Companies among the consortia include: Adani Power Ltd.\u2019s Middle East unit, Chinese firms State Grid International Development Ltd. and China Southern Power Grid International Co., and Electricite de France SA, the ministry said in a statement Monday in the capital, Pretoria.<\/p>\n

Adani Power is a company owned by Indian billionaire Gautam Adani.<\/p>\n

Adani is the founder and chairman of the Adani Group, a multinational conglomerate involved in port development and operations in India.<\/p>\n

He is ranked by Forbes as the 27th richest man in the world with a net worth of $71 billion, and the second richest man in India, after Mukesh Ambani ($108 billion).<\/p>\n

The Adani Group has several subsidiaries in the power and energy sector, including Adani Green Energy, Adani Power and Adani Energy Solutions.<\/p>\n

This stage of the program \u201cmarks a defining milestone in government\u2019s strategic drive to expand, modernise and strengthen South Africa\u2019s transmission network through diversified delivery mechanisms and sustained private sector participation, in support of long-term economic growth, industrial development and national energy security,\u201d Electricity Minister Kgosientsho Ramokgopa told reporters on Monday in the capital, Pretoria.<\/p>\n

Ramokgopa also announced that four groups of companies had been selected as preferred bidders under Bid Window 7 of the Renewable Energy Independent Power Producer Procurement Programme.<\/p>\n

Upgrading South Africa\u2019s transmission grid will underpin the government\u2019s energy strategy. South Africa is gradually retiring coal-fired plants, which it currently depends on to generate the bulk of its power, and intends to utilise a range of technologies from gas to renewables to meet future demand, the government\u2019s latest blueprint shows.<\/p>\n

The first phase of the grid expansion will entail a request for proposals to build 1,164 kilometres of transmission lines designed to bring more than 3,000 megawatts of generation capacity online, Ramokgopa said in April.<\/p>\n

A subsequent build of more than ten times the size of the pilot will also require the procurement and installation of transformers and other equipment.<\/p>\n

For More News And Analysis About South-Africa<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. South Africa\u2019s electricity ministry selected seven groups of companies as pre-qualified bidders for the country\u2019s R440 billion transmission-grid expansion program. Companies among the consortia include: Adani Power Ltd.\u2019s Middle East unit, Chinese firms State Grid International Development Ltd. and China Southern Power Grid International Co., and Electricite de France SA, the ministry […]<\/p>\n","protected":false},"author":84,"featured_media":94387,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[275],"class_list":["post-94388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-south-africa-2"],"yoast_head":"\nGlobal Billionaire Shortlisted for R440 Billion Rollout - South Africa<\/title>\n<meta name=\"description\" content=\"South Africa\u2019s electricity ministry selected seven groups of companies as pre-qualified bidders for the country\u2019s R440 b ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/global-billionaire-shortlisted-for-r440-billion-rollout\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Billionaire Shortlisted for R440 Billion Rollout\" \/>\n<meta property=\"og:description\" content=\"South Africa\u2019s electricity ministry selected seven groups of companies as pre-qualified bidders for the country\u2019s R440 b ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/global-billionaire-shortlisted-for-r440-billion-rollout\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-16T16:48:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-16T17:17:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2025\/12\/sm_1765892720.18561.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1038\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/global-billionaire-shortlisted-for-r440-billion-rollout#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/global-billionaire-shortlisted-for-r440-billion-rollout\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Global Billionaire Shortlisted for R440 Billion Rollout\",\"datePublished\":\"2025-12-16T16:48:34+00:00\",\"dateModified\":\"2025-12-16T17:17:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/global-billionaire-shortlisted-for-r440-billion-rollout\"},\"wordCount\":362,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/global-billionaire-shortlisted-for-r440-billion-rollout#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2025\/12\/sm_1765892720.18561.jpg\",\"keywords\":[\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/global-billionaire-shortlisted-for-r440-billion-rollout#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/global-billionaire-shortlisted-for-r440-billion-rollout\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/global-billionaire-shortlisted-for-r440-billion-rollout\",\"name\":\"Global Billionaire Shortlisted for R440 Billion Rollout - 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