Transnet to ramp up coal volumes to Eskom to lower electricity costs
Railway utility to increase deliveries to 30-million tonnes a year from 7.5-million tonnes
State rail utility Transnet plans to nearly quadruple its coal deliveries to embattled electricity monopoly Eskom to potentially lower power prices.
Out of the 120-million tonnes of coal Eskom burns annually, only 7.5-million tonnes will be delivered on rail this year. A further 80-million tonnes are sent by conveyor belt, with trucking a major source of coal deliveries for Eskom...