Seeking a legal transaction advisor to assist the Independent Power Producers' Office in evaluating the conversion of Peaker power plants from diesel to gas and extending power purchase agreements. The role requires expertise in energy law and public procurement.
The Development Bank of Southern Africa is inviting proposals for a legal transaction advisor to support the Independent Power Producers' Office (IPP Office) in assessing the conversion of the Avon and Dedisa Peaking Power Plants from diesel to natural gas. This tender requires a comprehensive understanding of energy law, regulatory compliance, and public procurement processes. The advisor will be responsible for evaluating the legal implications of the proposed conversion, drafting necessary amendments to existing agreements, and ensuring compliance with applicable legislation, including the Electricity Regulation Act and the Public Finance Management Act.
The successful advisor will engage with various stakeholders, including the Sellers, National Transmission Company South Africa, and National Treasury, to facilitate negotiations and ensure that all contractual amendments are legally sound and aligned with government policies. This role is crucial in advancing South Africa's energy transition goals and enhancing the sustainability of the power supply. The advisory services are expected to last for a minimum of 18 months, with the potential for extension based on project needs.
This tender is suitable for law firms and legal consultants with expertise in energy law, public procurement, and contract negotiations, particularly those with experience in large-scale infrastructure projects and energy sector regulations.