Advisors sought for feasibility study of hydropower project in South Africa

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Advisors sought for feasibility study of hydropower project in South Africa

Basil Read Energy (Pty) Ltd. has invited submission of qualifications and proposal data from interested U.S. firms that are qualified on the basis of experience and capability to develop a feasibility study to determine the technical feasibility, economic viability, and financeability of the Meerkat Run-of-River Hydropower Project.

Basil Read Energy (Pty) Ltd. is developing the Meerkat run-of-river hydropower plant, which will be located on South Africa's Orange River between the towns of Douglas and Hopetown. Basil Read Energy intends to bid in the South African Renewable Energy Independent Power Producer Program with this project.

The Feasibility Study shall include components including but not limited to: site assessment; site-specific technical guidance; front end engineering and design; review of environmental impact assessment; development impact assessment; cost estimation, economic analysis and implementation schedule; legal, regulatory and institutional review; U.S. sources of supply and implementation financing; final report and presentation.

The U.S. firm selected will be paid in U.S. dollars from a $681,000 grant to Basil Read Energy from the U.S. Trade and Development Agency (USTDA).

Interested U.S. firms should submit their Proposal in English directly to Basil Read Energy by 5:00 P.M. local time (South Africa, GMT +2), November 21, 2014 at the above address.

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