Treasury takes the wheel at Eskom
Package depends on privatising generation and investing in transmission
22 February 2023 - 22:49
Some of Eskom’s coal-fired power stations could be concessioned out to private operators as part of a raft of conditions that finance minister Enoch Godongwana has attached to a R254bn package.
The package will relieve Eskom of almost two-thirds of its debt burden over the next three years and prevent it doing any more borrowing over that period, or any investments in new generation projects...
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