Monday, 6 February 2017

Chinese firm's interest in responding to Eskom's nuclear request excluded by World Bank

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A Chinese company that has expressed interest in responding
to Eskom’s nuclear request for information was excluded for 18 months by the World Bank in late 2015.



The exclusion of Shandong Taikai Power Engineering, known as TKPE, follows an investigation by the World Bank which revealed that the company misrepresented its prior project experience by submitting inaccurate contracts and completion certificates, along with a forged business license while bidding for contracts.

The ban means TKPE has not been able to work on any World Bank funded projects since the announcement. 

However, the 18-month ban will be over by 19 February 2017, in a few weeks time. 

That would mean there would be no clash of conflict should the World Bank and TKPE both participate in the programme.

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