Coega Biofuels Investments A Step Closer
The three biofuels projects planned for the Coega Industrial Development Zone (IDZ) are a step closer to construction, with the Department of Trade and Industry saying it plans to have the draft criteria for qualification for a biofuels subsidy finalised by the end of this month.
The commitment is contained in the Progress Report on the Industrial Policy Action Plan (IPAP) tabled in Parliament.
The Report states that the Biofuel Incentive Guidelines were published in the Government Gazette in January for public comment.
There had also been ongoing stakeholder consultation led by the Department of Energy.
The Report states that it is planned to finalise the consultations by the end of this month, adding that the reason for the delay in doing so was that there was a “need to accommodate other crops, particularly sugar cane, instead of only having sorghum as a reference crop in the model”.
It adds that the initial intention had been to publish the final Biofuel Incentive Guidelines in the third quarter of the last financial year.
The Biofuel Incentive Programme would have then been launched in the fourth quarter.
Finalisation of the incentives and the pricing mechanism will allow the five biofuels projects planned for the Eastern Cape to go ahead.
Three of the projects are planned for the Coega IDZ, one at Berlin, which is part of the East London IDZ and one that has now been in the pipeline for more than a decade, for Cradock.
The projects will use a variety of feedstock including sorghum, sugar beet and used vegetable oils.- MetroMinutes.
Photo courtesy of www.filmandtvtransformation.org
The Coega Development Corporation (CDC) has announced plans for the development of an R86 million agro-processing multi-user facility to be located in the Coega IDZ.
Nelson Mandela Bay should have some idea of whether National Government intends to assist in funding the completion of the Nooitgedagt Low Level Scheme, when Finance Minister Nhlanhla Nene tables his 2015 Budget and accompanying documentation in the National Assembly on February 25.
The Coega Industrial Development Zone will become a Special Economic Zone (SEZ) in July 2016.
Nelson Mandela Bay has experienced a construction boom led by the Baywest Mall and Coega Development Corporation (CDC)...
As South Africa continues to experience economic pressure, Nelson Mandela Bay Municipality (NMBM) is grabbing the bull by its horns in a bid to enhance economic growth and to weather the storm.
The estimated value of the Coega Industrial Development Zone’s (IDZ) investor pipeline stood at R122.3 billion in July this year, according to figures released by the Department of Trade and Industry (DTI).
The Nelson Mandela Bay Municipality (NMBM) officially launched the Garden of Remembrance at the Donken Reserve Lawns in Port Elizabeth on the 31st of October, to pay tribute to ward councillors, PR representatives and mayoral committee members who have since passed away. First mentioned by Nelson Mandela Bay Executive Mayor, Benson Fihla, on the 14th of August this year, and attended by the family members and relatives of those honoured, the garden consists of a tree and an engraved plaque representing the 58 NMBM members who had died since 1998....
The Environmental Impact Assessment (EIA) for the establishment of an integrated marine pipeline servitude in the Coega Industrial Development Zone (IDZ) has been reactivated.
PetroSA says that technical work by Sinopec Engineering Incorporation (SEI) for Project Mthombo was completed at the end of last year which was “a major milestone in preparation for the feasibility study”.
The municipality is paying R7 000 a month rental for space on the ground floor of Kwantu Towers while an assessment and investigation into the maintenance work required at the Main Library is underway.
- Alexandria man in court for possession of drugs and stolen property worth R120 000
- NMMU expresses shock at discriminatory comments allegedly made by staff member
- Man in police custody after being caught raping teenage girl
- Buffalo City Municipality ANC Councillor bunks all meetings since August 2016; DA wants her gone
- Eastern Cape receives billions in investments