Eskom debt package blocks expenditure on new generation
The debt-relief plan will run over three years and cover about 60% of Eskom’s existing debt
22 February 2023 - 14:34
As part of Treasury’s agreement with Eskom for the provision of R254bn in debt relief, the state-owned power utility will not be allowed to undertake any capital expenditure on new “greenfield generation projects” during the debt-relief period.
In addition, Eskom, Treasury and the department of public enterprises will design a mechanism to allow “extensive private participation” in the building of new transmission infrastructure...
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