“This project will allow the Coega IDZ to become a diverse energy user, in conjunction with building the local energy sector, and will also serve as a significant source of socio-economic growth,” said Sandisiwe Ncemane, CDC business development manager - energy projects.
He said that the CDC conducted a pre-feasibility study under the guidance of the department of energy (DoE) which confirmed suitability and viability (strategic, technical, financial, regulatory, legal and commercial) of a gas-to-power station to be located at the Coega IDZ.
The development zone comprises 14 zones with a total of 11,500 hectares, and is already home to the 342MW Dedisa peaking power plant (PPP), designed for conversion to gas–driven. The plant became operational in 2015 after its construction was completed on record time.
The announcement was made at the South African Gas Options Conference, which took place in Cape Town.
