South Africa Picks Seven Pre-Qualified Bidders for Grid Buildout
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Upgrading South Africa’s transmission grid will underpin the government’s energy strategy.South Africa’s electricity ministry selected seven groups of companies as pre-qualified bidders for the country’s 440 billion rand ($26 billion) transmission-grid expansion program.Companies among the consortia include Adani Power Ltd.’s 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.