Eskom wants to be compensated for losing assets
Eskom board chairman Mteto Nyati says the utility isn’t married to its transmission assets, but should be compensated if they’re taken away.
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Eskom board chairman Mteto Nyati says the utility isn’t married to its transmission assets, but should be compensated if they’re taken away.
There appears to be a disconnect between President Cyril Ramaphosa and electricity minister Kgosientsho Ramokgopa.
President Cyril Ramaphosa and electricity and energy minister Kgosientsho Ramokgopa have contrasting views about the end of load-shedding.
The Presidency’s project management office head Rudi Dicks says South Africa’s energy reforms are falling behind.
Days after South Africa’s electricity minister questioned the benefits of a $10 billion climate-finance pact between the country and some of the world’s richest nations, Germany lauded its success.
By providing free basic electricity to more households, Eskom hopes to curb electricity theft and illegal connections in South Africa.
A stable electricity system has enabled Eskom to shift its focus to reducing generation costs.
South Africa’s electricity ministry selected seven groups of companies as pre-qualified bidders for the country’s R440 billion transmission-grid expansion program.
Eskom says that unless an outstanding court case is concluded soon, it may not be able to keep future electricity tariff increases below 10%.
The ‘single biggest investment programme of the post-apartheid era’ – Ramokgopa.