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South Africa’s purchase of nuclear reactors from Russia is by no means a done deal

Nuclear deal with Russians ‘not in bag’June 28 2015 The Independent (South Africa)
By Siyabonga Mkhwanazi The government has dismissed claims it has chosen the Russians to build nuclear power plants, worth between R400 billion and R1-trillion, to increase the generating capacity in the country.

The Department of Energy’s top nuclear official told Independent Media this week the intergovernmental agreements released in public recently did not suggest a decision has already been made on the preferred partner.

It has been suggested that while the co-operation agreements with other countries, including France, South Korea, China and the US lacked detail, the one with Russia was very detailed.

 The department said suggestions have been made that this meant a deal with the Russians was already in the bag.

Zizamele Mbambo, the department’s deputy director-general for nuclear energy, said this was not true, as the bidding process has not even started.

The government will from next month start the tender process and preferred bidder or bidders would be announced by the end of the year.

“From our side as South Africa we negotiate the best agreement to get the best deal to meet our own requirements as a country,” said Mbambo…….http://www.iol.co.za/business/news/nuclear-deal-with-russians-not-in-bag-1.1877290#.VZBgwRuqpHw

June 28, 2015 - Posted by | general

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