Eskom looks to private power
26 January 2020 - 00:55
Faced with myriad challenges, maintenance backlogs and crippling load-shedding Eskom's new CEO, André de Ruyter, is welcoming plans for mines to begin generating their own power as a means of easing pressure on the grid.
In the last financial year mines contributed about R30.3bn to Eskom's revenue of R193bn, according to figures provided by Eskom. The struggling utility's revenues are already under pressure and would face further erosion should it lose large customers...
This article is reserved for Sunday Times subscribers.
A subscription gives you full digital access to all Sunday Times content.
Already subscribed? Simply sign in below.
Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.
Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.