Data provided by iNet BFA
Loading...
See More

Cabinet approves power programme

Nov 22 2012 11:24 Sapa
Electric switch

(Duncan Alfreds, News24)

Related Articles

Eskom to head nuclear build programme

Eskom commits to training welders

State wants IPP project to boost jobs

Nuclear expert warns SA against cost

Eskom posts massive profits

FMF: SA needs independent grid

 
Cape Town - Cabinet has approved the electricity distribution asset management turnaround programme and the start of the first phase of the programme.

This includes developing a business plan for the project, standardised refurbishment, maintenance, and process recommendations, acting government spokesperson Phumla Williams told media on Thursday, following cabinet's regular fortnightly Wednesday meeting.

"The programme will address the ageing electricity infrastructure, which forms the basis for the distribution of electricity to business and households," she said.

The programme would be implemented within the approved government structure and monitored by the Presidential Infrastructure Co-ordinating Council.

Eskom would be the lead entity procuring on behalf of municipalities.

This would ensure economies of scale in implementing the programme.

Williams said the project's costing had yet to be finalised.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

eskom  |  electricity
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
10 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

OneRandMan learns how money really works

National Savings Month is not only this month, it is every month from your very first salary slip, an expert warns OneRandMan and all South Africans.

 
 

Start saving...

Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account
All about endowments

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...