24 June 2002 – Black & Veatch International (BVI), a wholly-owned subsidiary of Black & Veatch, has been selected by the Rainbow Millennium Power Company (RMPC) to perform a detailed feasibility study for the first “greenfield” power station in KwaZulu-Natal, South Africa.

The proposed 240 MW coal fired plant would use discard coal as fuel, a known
contributor to airborne and waterborne environmental hazards and could result in a reduction of environmental pollution and strengthen economic development efforts. These hazards would be reduced substantially through a circulating fluidized bed boiler (CFB), which is a more efficient combustion technology designed to burn the high sulphur waste coal resources. The plant would also be in a position to sell surplus emission reduction units (each ERU is equal to 1 ton of CO2) in accordance with the Kyoto Protocol of 1998.

The proposed plant would benefit not only South Africa, but other parts of
the world as well. The new facility would improve power quality and increase
reliability of supply to major industrial and commercial facilities located
near Richards Bay, South Africa. It is also expected to present an investment and export opportunity to US investors and vendors who take an active role in the economic development of South Africa.

When completed, the power station would be connected to the 132 kV electricity grid of uMhlatuze, and the Town Council would have the opportunity to purchase substantial power produced by this plant.

BVI was selected by RMPC on the basis of its knowledge, expertise and
experience on similar projects in South Africa and its global reputation in
the power sector. BVI has made major contributions in the development of
Africa’s power and infrastructure, performing work in numerous countries
including Botswana, Egypt, Ghana, Morocco, Namibia, South Africa, Tanzania, Zambia and Zimbabwe. Overall, this project will coincide with South
Africa’s plan for privatization of its energy sector.

“Black & Veatch is a global leader in CFB technology and a proud supporter
of infrastructure development in Africa,” said Shahid Qadri, Black & Veatch
project manager. “We are glad to participate in this important initiative
that will provide cost-effective power, address environmental issues and
provide jobs to many local people.”

The project is being funded by the US Trade and Development Agency
(USTDA), BVI and RMPC.