Page 12 - AfrElec Week 32

AfrElec NEWS IN BRIEF AfrElec

the corruption allegations and produce a CONTRACTS construction in DR Congo
report within a month.
“The President has also directed the Power industry contracts in El Sewedy Electric for Transmission and
chairperson of Zacc, Justice Loice Matanda- Distribution of Power, a subsidiary of El
Moyo to immediately undertake thorough Middle East and Africa for Sewedy Electric, and the Democratic Republic
investigations into the following issues: 1. of the Congo (DRC) Société Nationale
The allegations levelled against the executive July 2020 remain flat D’électricité (SNEL) have signed a $38.6m
chairman (Gata) by Minister of Energy and contract to construct a transformer station in
Power Development Fortune Chasi. 2. Any Middle East and Africa power industry DRC.
other underlying corrupt activities bedeviling contracts activity in July 2020 saw 28 contracts In a statement sent to the Egyptian
Zesa board members and the electricity sector announced, marking a flat growth over the Exchange (EGX), El Sewedy added that the
as a whole,” the statement released by the last 12-month average of 28, according to contract has been undertaken with SNEL,
Chief Secretary to the President and Cabinet, GlobalData’s power database. the DRC’s national electricity company,
Misheck Sibanda, read. Middle East and Africa power industry to construct the transformer station in
“The president expects Zacc to complete its contracts activity in July 2020 saw 28 contracts Kasumbalesa, in Haut-Katanga province.
investigations as well as tabling its report on announced, marking a flat growth over the The statement noted that the project will
the findings within four weeks.” last 12-month average of 28, according to create a more efficient management of energy
The vicious turf war between Gata and GlobalData’s power database. exchanges between the southern African
Chasi over the corruption allegations had Looking at contracts divided by the type power grid and the DRC’s grid. It also looks
escalated to Mnangagwa’s office after Gata of technology, solar accounted for the largest to improve the measurement of this energy
wrote a letter to the president denying proportion with nine contracts and a 47.4% exchange between the DR Congo and it’s
allegations of abuse of office and corruption share, followed by thermal with four contracts southern neighbour, Zambia. The project
levelled against him. and a 21.1% share and wind with three is set to raise the rate of socio-economic
Gata was suspended to pave way for contracts and a 15.8% share. development in Kasumbalesa and the
investigations into his alleged corrupt Looking at power industry contracts surrounding areas.
activities but defied the move, saying only divided by segment in Middle East and Africa El Sewedy Electric’s scope of work includes
Mnangagwa could fire him and had continued as tracked by GlobalData, Power Plant was the the design, supply and installation of the
reporting for duty unabated. most popular segment in July 2020, with 11 entire project, as well as work on a turnkey
He also refused to appear before a contracts, followed by T&D Project (9) and system. This will occur provided that the
disciplinary hearing which Chasi had Generation Equipment (6). project works are completed within 18 months
instituted, saying he cannot be tried by his GLOBAL DATA from the date of the project’s commencement.
juniors. The Egyptian company provides integrated
Gata last week purportedly suspended the energy solutions in Africa and the Middle
eight board members in a tit-for-tat move. GRID East, and is one of the largest manufacturers
He is being accused of, among other of cables and electricity meters in the world.
things, diverting five Zesa vehicles to personal El Sewedy, SNEL sign
use, including one he allegedly gave to his wife
and abusing Zesa resources to operate a gold $38.6m contract for
mine. GRID
transformer station
Egypt invests $29mn in

P12 www. NEWSBASE .com Week 32 13•August•2020