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South Africa shortlists Adani firm for power grid upgrade 

Gautam Adani

Indian billionaire Gautam Adani.

Photo credit: Pool

What you need to know:

  • Gautam Adani, ranked the world’s 27th richest man with a net worth of $71 billion, commands a global empire spanning ports, logistics and green energy.
  • Last year, President William Ruto cancelled two major Adani contracts—a $1.85 billion deal to modernise Nairobi’s JKIA Airport and a $736 million power line project.

South Africa’s drive to stabilise its faltering energy system is also attracting controversy after it shortlisted an Indian conglomerate accused elsewhere of shady dealings.

The Department of Electricity and Energy shortlisted seven international consortia for a R440 billion (£26 billion) transmission grid expansion, a project central to modernising the country’s ageing coal based infrastructure and integrating renewable power.