https://www.miningweekly.com

R155m cogen facility for Amplats smelter

14th May 2013

By: Creamer Media Reporter

  

Font size: - +

A R155-million cogeneration plant is being developed by a private power producer at Anglo Platinum’s (Amplats’) Waterval Smelter, in Rustenburg, with construction scheduled for completion by June 2014.

Eternity Power, a special purpose vehicle that is 80% owned by Investec Corporate and Institutional Banking (ICIB) and 20% by clean-energy project developer Vuselela Energy, is driving the project.

The facility will be the first in South Africa to employ the Ormat Organic Rankine Cycle (ORC) system, which will use waste heat from hot water received from the smelter to evaporate an organic liquid and drive an expansion turbine.

As the sole lender, Investec is providing R105-million, funded through debt, while an additional R30-million is being funded through an infrastructure grant from the Department of Trade and Industry. The balance of the project costs will be funded through equity.

ICIB project and infrastructure finance head Fazel Moosa says the cogeneration plant will offer cleaner and cheaper power and will allow the smelter to be partially independent of the grid.

Vuselela Energy and Eternity Power director Jacques Malan says the Amplats plant’s gross installed capacity would be 4.9 MW, but it was expected to run at an average rate of 3.2 MWh, depending on the available heat load. Over a year, the facility is expected to generate 20 GWh.

“We are excited about this pioneering initiative with our partners and look forward to future projects of the same nature,” Moosa adds.

Edited by Terence Creamer
Creamer Media Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
MBE Minerals SA (Pty) Ltd
MBE Minerals SA (Pty) Ltd

Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.048 0.815s - 112pq - 4rq
Subscribe Now