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Eskom has funds for diesel up to March

Johannesburg - Power utility Eskom has funds to pay for diesel to run its turbines until the end of March, averting a crisis that could have seen it lose 5% of its capacity, a government source said.

Eskom is currently battling to keep demand from overwhelming its capacity to keep the lights burning. Some of the utility's power turbines use diesel.

READ: Eskom: SA on power alert

"Eskom will move its own funds around to pay for the diesel," the government source, who declined to be named, told Reuters on Tuesday.


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