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Eskom gets new hydro plant fully linked to grid

Posted on Monday, 20th Jun 2016

Eskom hailed a milestone in its efforts to overcome South Africa's chronic electricity shortages on Sunday, saying it had linked up the last of four units at its new Ingula hydro-electric power plant to the grid.



"We look forward to Ingula rapidly nearing commercial completion and meeting the 2017 deadline, thereby enhancing the security of Eskom's electricity supply to power South Africa into the future," Eskom's Chief Executive Brian Molefe said.

 

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Posted in Engineering News

Eskom refutes allegations of blindsiding Exxaro in the Arnot coal contract

Posted on Monday, 20th Jun 2016

JOHANNESBURG – Eskom on Sunday dismissed reports that it had “blindsided” Exxaro Resources in respect of the Arnot power station coal supply contract and threatened to take the matter to the Press Ombudsman.

 




 

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Posted in Engineering News

PPC outlines plan for immediate liquidity squeeze as it works on rights issue

Posted on Friday, 17th Jun 2016

Embattled cement producer PPC is finalising a R3-billion to R4-billion capital raising plan in parallel with urgent efforts to bed down a R2-billion bridging guarantee facility to settle outstanding obligations to bondholders that come due on June 23.

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Posted in Engineering News

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