Eskom will have to look for money to buy more diesel because the treasury will not advance it more funding than it already has.
will have to look for money to buy more diesel because the treasury will not advance it more funding than it already has.
“It is not the treasury’s practice to provide ad hoc funding for Eskom … money given to particular departments or state companies is governed by the Public Finance Management Act, which sets out the process for funding requests,” the treasury said. The treasury said the Eskom Debt Relief Bill was debated in the National Assembly and will today be debated by the select committee on appropriations in the National Council of Provinces. Only after that process can it be enacted.that despite extensive consultations for the utility’s winter plan, Eskom had already depleted its emergency diesel budget to alleviate load-shedding.
The high cost of using the gas turbines during load-shedding was one of the factors considered by Nersa in January when it granted Eskom the tariff increase for 2023-24.
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