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Cape Town council approves R5.1 billion electricity contract with IPP company

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Cape Town council approves R5.1 billion electricity contract with IPP company

The City of Cape Town has secured a R5.1 billion contract with an Independent Power Producer to supply electricity over 20 years, aiming to reduce tariffs and enhance energy security amid concerns over potential impacts on residents and the need for public participation.

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on iol.co.za — the content belongs to IOL.

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