Eskom says selling Medupi and Kusile could be revisited when the power stations are complete.
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R18bn needed to finish Kusile and Medupi - and 'there's no going back'Eskom will finish building the troubled Kusile and Medupi power stations, despite running far over budget and behind schedule.
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Eskom allocates R4.5bn to struggling Medupi and Kusile power stations | IOL NewsEskom board chairperson JabuMabuza said that the power utility has set aside R4.5 billion to address the power generation challenges at the Medupi and Kusile power stations.
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Eskom's Medupi and Kusile to cost R36bn to complete, will not be halted - MabuzaEskom Chairperson Jabu Mabuza says construction on power plants Medupi and Kusile will go ahead as the cost of halting the projects will not benefit the economy.
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Eskom's Medupi and Kusile to cost R36bn to complete, will not be halted — MabuzaJabu Mbuza, a chairperson of the Eskom board said that the poower utility's plan to do construction on the Medupi and Kusile power stations will go ahead. Each power plant is expected to cost R18-billion.
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Eskom scores R6.8bn loan from Brics bank for Medupi power plantThis is separate from the US$180 million loan agreement signed on Monday to connect 670MW of renewable energy projects to the national grid.
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Eskom scores R6.8bn loan from BRICS Bank for Medupi power plant | IOL NewsThe New Development Bank will provide a project loan of about R6.8 billion to Eskom for Medupi Thermal Power Plant, National Treasury said.
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Winter strategy, power plants and debt: key Eskom takeoutsWinter, power plants and debt dominated Eskom's briefing into the state of the power utility during a press conference held by public enterprises minister Pravin Gordhan on Wednesday.
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Winter strategy, power plants and debt: key Eskom takeoutsEskom debt, Medupi and Kusile, and load-shedding: Key things you need to know about the Eskom presser
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Eskom throws Medupi, Kusile a R4.5bn lifeline… for nowIt would cost about R18 billion each to complete the power stations, Eskom chair Jabu Mabuza said, which would take at least 60 months.
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