Share

Eskom to pump R163bn into transmission infrastructure

Cape Town - Eskom plans to spend R163bn on transmission infrastructure in the next 10 years, according to the utility's transmission development plan.

The planned expenditure includes expansion of capacity, refurbishment and land acquisitions. The bulk of the expenditure, about R146bn, will go towards expansion as the utility strengthens its transmission capacity to accommodate new customers and new electricity capacity.

The plan covers the period between 2015 and 2024. In this period, the Eskom transmission system will have to accommodate capacity from new projects such as the Medupi power station, Kusile power station, Ingula pumped storage scheme, open cycle gas turbine power stations, renewable energy projects and new coal power stations.

The government-led renewable energy independent power producer procurement programme has seen a total of 4 322 MW procured from the private sector in just under four years.

In the current financial year, Eskom will get additional power from Medupi (unit 6) and Ingula (units 3 and 4). Medupi’s unit 6 is now fully operational and started feeding into the national electricity grid in August.

The plan lists Eskom's transmission projects in the country's various provinces. These include approved projects, projects prepared for approval and projects likely to be approved in the next 10 years.

Eskom has allocated R959m for transmission expenditure in the current financial year. The utility has set aside R9.8bn and R6bn for the generation and distribution businesses, respectively.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.00
-0.3%
Rand - Pound
24.11
-0.0%
Rand - Euro
20.61
-0.1%
Rand - Aus dollar
12.38
+0.4%
Rand - Yen
0.13
+0.6%
Platinum
901.60
-0.1%
Palladium
998.41
-0.8%
Gold
2,154.06
-0.3%
Silver
24.96
-0.3%
Brent Crude
86.89
+1.8%
Top 40
65,526
-1.1%
All Share
71,751
-0.9%
Resource 10
52,809
-1.0%
Industrial 25
99,160
-1.3%
Financial 15
16,511
-0.7%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders