Fiscus must refurbish Eskom plants, electricity minister says
Kgosientsho Ramokgopa says lack of investment will only lead to more load-shedding
06 April 2023 - 14:22
Minister of electricity Kgosientsho Ramokgopa says the fiscus has to invest in refurbishing SA’s coal-fired power stations to improve their performance and will advance this as his preferred option when he presents his plans to cabinet before the end of April.
He said it was necessary to think outside the constraints of Eskom’s balance sheet and provide fiscal support to the utility, even if that resulted in a bigger budget deficit...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.