Eskom has funds for diesel up to March
Fin24

Eskom has funds for diesel up to March

2015-01-28 10:52

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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Comments
  • Sandy Lange - 2015-01-28 11:40

    Change your strategy Eskom! Stop feeding your employers food. Salary cuts for all the top brass. Sell Eskom directly to customers via pre-paid metres and cut out the municipalities.

      Kyle van der Merwe - 2015-01-28 11:42

      Because the municipalities allow illegal connections to secure votes.

  • Frank Kistler - 2015-02-02 17:00

    The scenario as in December,govt bailed eskom out,now we are in the same situation again,things are going downhill FAST bru..

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