February 17, 2016 / 1:07 PM / in 3 years

South Africa seeks $250 mln from BRICS bank to build power transmission lines

Technicians fix cables on a power transmission tower in Karachi, Pakistan, August 23, 2015. REUTERS/Akhtar Soomro

CAPE TOWN (Reuters) - South Africa has asked the BRICS New Development Bank for $250 million of funding to connect new power plants to the national grid, Economic Development Minister Ebrahim Patel said on Wednesday.

If approved, the money would be used to build transmission lines connecting solar and wind power plants to a national grid, Patel said, as Africa’s most industrialised economy turns to green energy to diversify away from coal.

Reporting by Wendell Roelf; Editing by James Macharia

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