Speaking to reporters ahead of his tabling of the 2015 Medium Term Policy Budget Policy Statement (MTBPS) on Wednesday, the Finance Minister Nhlanhla Nene, said South Africa has made good progress in resolving its energy challenge.
State-owned companies continue to roll out infrastructure, National Treasury’s 2015 Medium Term Budget Policy Statement (MTBPS) has shown.
Eskom fully supports the Department of Energy’s Renewable Energy Independent Power Producer Procurement Programme (RE-IPPP), saying that IPPs must play a role in the country’s electricity market.
State-owned companies, often criticised by big contractors for being tardy in settling debts, want to be exempted from proposed construction sector regulations that will rein in errant payers.
Public Enterprises Minister Lynne Brown has welcomed the appointment of three executives aimed at stabilising Eskom.
The coming into full commercial operation of Unit 6 of the Medupi Power Station at Lephalale in Limpopo has been welcomed by Cabinet.
Due to increased electricity demand and a shortage of generation capacity, Eskom will implement stage 2 load shedding this afternoon.
Eskom has asked parliament to give it the right to expropriate land which it wants to use for the construction of power lines.