After 15 months in the job, power utility's boss says he now knows what needs to be done and how it should be done
Almost 15 months into the job, and the boss of state-owned power utility company Eskom is getting to grips with issues spanning corruption to defective power plants that threatened to collapse the national grid. —
The CEO also faced increasing operational issues, forcing Eskom to implement periodic power cuts from December 2018 through March 2019. Now the situation is under control, he said. The cost of the new Medupi and Kusile plants has ballooned to more than R300bn, and the discovery of defects will add further to expenses. Still, Hadebe said there are encouraging signs for the next boilers to come online. A new unit at Kusile was synchronised to the grid on April 14, the utility said.Ramaphosa in February announced plans to divide Eskom into generation, transmission and distribution units, as it joins other utilities in experiencing the so-called “death spiral”.
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