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CAPE TOWN, Feb 11 (Reuters) – South Africa will procure nuclear energy at an affordable pace and scale, President Jacob Zuma said on Thursday.
“We will procure nuclear energy on a scale and pace that the country can afford,” Zuma said in his annual state of the nation address to parliament.
South Africa hopes to install 9,600 megawatts of nuclear power in the next 15 years to address chronic electricity shortages but the cost of the project estimated at about $100 billion has raised budgetary concerns.
Cyril Ramaphosa: The Audio Biography
Listen to the story of Cyril Ramaphosa's rise to presidential power, narrated by our very own Alec Hogg.