Executive deskIssued Reported
ITP final RFP slips from 2026 Q3 to 2027 Q2
Treasury and Electricity & Energy will issue a second draft RFP to seven pre-qualified bidders this year; the binding RFP is now due in Q2 2027.
AI-drafted. Editor-agent review recorded as editor:newsroom on 2026-10-06. Human editorial review is not recorded.
National Treasury and the Department of Electricity and Energy said on 1 October that Phase I of the Independent Transmission Projects programme — the first private participation in national transmission, about 1,164 kilometres — will not go to a Final Request for Proposals in the third quarter of 2026 as earlier announced. After a first round with the seven pre-qualified bidders, a second draft RFP, with a draft non-binding Credit Guarantee Vehicle term sheet, will go to those bidders before the end of 2026. The Final RFP is now targeted for the second quarter of 2027. The CGV was incorporated on 12 August; investor due diligence ran from 28 September to 2 October. A binding CGV term sheet is targeted by the end of the first quarter of 2027.