African award for Eskom boss
Eskom’s Group Chief Executive‚ Brian Molefe‚ received the Africa investor (Ai) Infrastructure Investment Champion of the Year 2016 award on Monday night. The award cited his role in driving infrastructure investment into critical sectors‚ stimulating economic and private sector growth in the country in particular and the African continent in general‚ Eskom said in a statement.The awards are held alongside the annual Ai CEO Infrastructure and Sovereign Investment Summit held in Johannesburg today and tomorrow (Tuesday‚ Wednesday).The Africa investor Awards (Ai Awards) are pan-African business and capital market investment awards that recognise and reward the achievements of the private sector. They also celebrate the work of institutional investors‚ governments and non-governmental organisations (NGOs).Eskom is currently executing the biggest infrastructure development project in its history‚ aimed at building new generating capacity to meet South Africa’s rising electricity demand. Once completed in the next five years‚ Eskom’s capacity expansion programme‚ which is the largest in the company’s history‚ will increase our generation capacity by 17‚384MW‚ transmission lines by 9‚756km and substation capacity by 42‚470MVA.Since inception in 2005‚ Eskom said the capacity expansion programme has so far added 7‚031MW of generation capacity‚ 6‚048km of transmission lines and 31‚590 MVA of substation capacity...
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