©constructionreviewonline.com
South Sudan has avoided the planned electricity supply cut off in Juba and surrounding areas. This is after Ezra Construction and Development Group (JEDCO)[1], the company that supplies 33MW to the Juba Electric Distribution Company, announced that it will no longer cut off the supply despite previous warnings of discontinuing operations of its 100MW power plant from January 12 due to a lack of operational resources. After an appeal by the Deputy Minister of Finance to JEDCO and the involvement of the Central Bank of South Sudan, the company has announced that no blackouts will occur.
According to JEDCO, the government of the Republic of South Sudan has intervened, and all stakeholders are now urgently working together to make sure this drastic action never happens again. “Following this latest intervention, JEDCO will not disrupt any of its services and will continue to provide all customers with a safe and reliable electricity supply. The Government, Ezra Group and JEDCO assure all the citizens of South Sudan that they are dedicated to helping to develop the country to benefit all who live here,” stated JEDCO.
The PPA agreement
Based on the signed power purchase agreement (PPA) with the Government, Ezra Group relies on a foreign currency allocation in exchange for the supply of 33MW of power. The government is contractually obliged to allocate JEDCO hard currency as it collects payments in South Sudan pounds.
According to Ezra Group, since the plant was commissioned, the company has been allocated less than 15% of the total amount. The company had indicated that they have exhausted every possible means to keep the plant operational, including loans against assets, credit supplies and letters of credit.
References
- ^ Ezra Construction and Development Group (JEDCO) (www.ezraenterprise.com)
Newer articles:
- South Sudan: Hunger and looming famine puts girls at risk - 18/01/2021 07:22
- South Sudan Keen To Strengthen Developmental Ties With Ethiopia - 18/01/2021 02:00
- 7 people killed in Paloch, Upper Nile State - 18/01/2021 00:51
- Death toll from violence in Sudan's West Darfur rises to 83 - 17/01/2021 20:58
- Sudan and South Sudan sign oil production agreement - 17/01/2021 03:49
Older news items
- South Sudan to change time zone next month - 15/01/2021 12:21
- Secretary-General Appoints Nicholas Haysom of South Africa Special Representative in South Sudan - 15/01/2021 11:29
- Roundup: Sudanese firms eye lucrative investments in South Sudan ten years after split - 15/01/2021 08:14
- Rare conviction of South Sudan soldiers for rape raises hope - 15/01/2021 01:51
- No reason to hope COVID-19 will disappear, it will become seasonal — watchdog - 15/01/2021 01:46
Latest news items (all categories):
- South Sudan names NBL-laden Olympic squad - 03/05/2024 12:48
- RDF Army Chief of Staff visits Rwandan peacekeepers in South Sudan - 03/05/2024 12:42
- Opinion: How the UAE’s mafia-style tactics are hurting both Sudans - 03/05/2024 12:37
- Thousands of desperate people still fleeing Sudan's war into South Sudan - 03/05/2024 12:29
- South Sudan open for Kenyan investors, central bank says - 03/05/2024 12:25
Random articles (all categories):
- South Sudan seeks $500m loan for salaries, infrastructure - 18/06/2019 08:41
- South Sudan: A Tumultuous Mixture of Raw Human Hatreds (part 1) - 26/06/2013 12:30
- With Abyei now gone, what next? - 21/06/2011 01:00
- South Sudan: World Leaders React Over Sudan, S. Sudan Oil Conflict - 11/06/2013 04:55
- South Sudan parliament elects Magok Rundial as new speaker - 02/09/2013 07:13
Popular articles:
- Who is the darkest person in the world, according to Guinness World Record? - 25/10/2022 02:34 - Read 32778 times
- No oil in troubled waters - 25/03/2014 15:02 - Read 21863 times
- School exam results in South Sudan show decline - 01/04/2012 17:58 - Read 20747 times
- NDSU student from South Sudan receives scholarship - In-Forum - 29/09/2012 01:44 - Read 17317 times
- With prisons full, South Sudan to introduce mobile courts to clear backlog of cases - 11/10/2012 11:29 - Read 14214 times