Government asks Eskom suppliers to take a haircut
Independent power producers and coal producers called on to help turn the economy around
30 September 2019 - 05:12
The government has asked key suppliers to Eskom — independent power producers (IPPs) of renewable energy and coal producers — to help turn the economy around by considering cost reductions.
This is the first time the government has suggested to economic stakeholders that a haircut — a sacrifice on returns — be agreed as part of the solution to Eskom’s financial crisis...
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