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South Africa to restart nuclear power plans

AFP  |  Johannesburg 

will relaunch plans to build nuclear power plants by signing new agreements with several countries, Energy Minister Mmamoloko Kubayi said today.

A in last month ruled the had failed to allow adequate public consultation for preliminary agreements with Russia, and the United States for the construction of eight reactors.

Struggling to meet growing electricity demand, in recent years has also signed agreements with France and

"I have decided that I will not be appealing the decision of the Western Cape High on this matter," said Kubayi at a press conference.

The now plans to sign new agreements with all five countries which will then be submitted to parliament, she said.

has the only two nuclear reactors on the continent and is seeking to relaunch its nuclear programme in a bid to end its on coal to produce electricity.

The says the planned eight new reactors would supply an additional 9,600 MW of electricity, more than five times current nuclear output.

But the cost of about one trillion rand (USD 73 billion), announced in 2010, has drawn criticism.

The issue turned political, with President Jacob Zuma and his backers pushing for the programme's development while others, including members of the opposition, are less supportive.

According to several analysts, the respected former finance minister Pravin Gordhan, seen as a bulwark against corruption, was ousted from the government in March because he opposed the nuclear plans.

Uncertainty over financing for the nuclear project was also cited by ratings agencies as one of the reasons behind a downgrade of the country's credit rating in April.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, May 13 2017. 20:28 IST