With regard to 1 (a) the status is as follows:
• Two (02) projects reached Legal Close on 30 August 2023 and are working towards reaching financial close;
• Project Agreements for two (02) additional projects are being prepared for legal Close. One (01) of the 2 projects is experiencing port access issues which are currently being attended to in conjunction with the relevant authorities; and
• One (01) project is experiencing difficulties with its project economics and bankability.
With regard to 1 (b) in so far as the department’s role in assisting all the projects including Karpowership, we have engaged, to the extent permitted by law, the Ports Authority to facilitate logical resolution of the port access challenges. What remains is for the projects to engage the relevant authorities and finalise all the outstanding matters.