It figures: the confidence of South Africa into generating enough electricity through its “White Elephants” Medupi and Kusile seems at its absolute low. After wasting billions in tax-payers money the South African cabinet has now approved the ratification of the Grand Inga Treaty with the Democratic Republic of Congo, Minister in the Presidency Jeff Radebe confirmed. This treaty will see South Africa buy over half of the power generated by the first phase of the world’s biggest hydroelectric project, aimed at generating 40 Gigawatt of power on the Congo River.
“The project has the potential to supply clean and affordable, imported hydroelectric power to meet the needs of the DRC, South Africa, and surrounding countries,” Radebe told journalists following cabinet’s regular fortnightly meeting. South Africa had agreed to buy 2 500 MW of electricity, in the first phase, under the treaty which was signed in October 2013 and will now be tabled in parliament.
Sad Affairs – but good for the DRC!