For its part, Sibambene have created 12 companies that are owned mainly by black women and young people, including four community owned entities, with around 120 beneficiaries in total.
“High input costs to power generation, including coal, ultimately cause higher electricity prices which is detrimental to South Africa's economy,” says Menar MD Vuslat Bayoglu.
Unit 3’s commercial operation achievement will surely alleviate the pressure on the electricity national grid.
South32, Glencore, Sasol and Exxaro Resources are reported to be major players in South Africa’s coal mining market.
A new report titled: ‘The Coal Mining Sector, including Coal Testing and Laboratories in South Africa 2019’ has been added to ResearchAndMarkets.com's portfolio.
On 2 May, Kangra Coal announced its plans to allocate free-carry (unencumbered) shares to workers and local communities for the first time since the mine was established in 1957.
Kibo Energy PLC, an Africa-focused energy company, has announced that it has received formal notice from the Tanzania Electric Supply Company Limited (TANESCO) inviting it to develop the Mbeya Coal to Power Project (MCPP) for the export market.
On 14 April, Kusile power plant achieved a new milestone when Unit 3 was synchronised to the grid and produced its first power in the early evening that day, eight months ahead of schedule.