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Cape Town - The Department of Trade and Industry
is puzzling over what to do about the R300m worth of cash
invested in power lines running to the Coega aluminium smelter - which is
now cancelled.
Giving a written reply on Wednesday to a Parliamentary question asked by Cecelia
Kotsi from the Congress of the People, the minister, Rob Davies, said that
his department is in the process of conducting an assessment in order to
determine whether or not to claim back these funds from Eskom.
Alternatively they might redirect them to the supply of electricity for
other planned projects at the Coega IDZ. He mentioned in his reply that the
lines were originally built, not simply for the smelter, but for other
customers too.
- I-Net Bridge