Eskom looks to private sector to help with R990bn it needs for new generation
To meet the country’s future energy needs, at least R1.2-trillion will be required in electricity investment before 2030
27 July 2022 - 16:35
UPDATED 27 July 2022 - 23:04
Eskom is readying itself for more competition in the SA electricity market, saying it would need private sector investors to help foot the R1.2-trillion needed to install sufficient new generation capacity.
“We need to understand that it is going to become a competitive business, especially the generation and distribution [of electricity],” said Matthew Mflathelwa, GM of strategy and planning at Eskom...
Would you like to comment on this article?
Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Commenting is subject to our house rules.
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now