Beware dodgy fly-by-nights after juicy Eskom tender: analysts

  • 📰 SundayTimesZA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

South Africa Headlines News

Experts call for close inspection of the terms, and also warn that time is not on the utility’s side

Energy experts have warned that the small print in a contract to provide Eskom with power needs to be scrutinised to prevent further looting of its battered coffers.

On Sunday, the mineral resources and energy department announced that the bidding process for SA’s Risk Mitigation Independent Power Producer Procurement Programme had opened. The programme is designed to, among other things, help Eskom secure enough power so it can minimise load-shedding while it repairs its ageing fleet and overcomes construction delays on the Kusile and Medupi power stations...A subscription gives you full digital access to all Times Select content.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Calls to cap Eskom tariff increasesThe national energy regulator has been accused of not following its mandate to protect consumers by allowing above inflation electricity price hikes.
Source: mailandguardian - 🏆 2. / 92 Read more »

Monday, August 31 2020In Times Select today • The ANC is in ruins, but opposition parties better buck up their ideas • ‘You can’t put child rapists back into society – and we can’t treat them’ • Beware dodgy fly-by-nights after juicy Eskom tender: analysts
Source: SundayTimesZA - 🏆 47. / 51 Read more »

I don’t engage in piggish plunder of public resources – Northern Cape Premier Zamani SaulNorthern Cape Premier Dr Zamani Saul has denied having any influence in awarding multimillion-rand tenders to service providers during the Covid-19 pandemic.
Source: IOL - 🏆 46. / 51 Read more »

A year of load-shedding to come, De Ruyter warnsEskom boss says the utility will be forced to cut power as it does overdue maintenance
Source: BDliveSA - 🏆 12. / 63 Read more »

Western governments berate Emmerson Mnangagwa for crackdownDiplomats’ criticism should be a wake-up call for Cyril Ramaphosa, says political analyst
Source: BDliveSA - 🏆 12. / 63 Read more »

What the experts say about AbenomicsEconomists, fund managers and analysts discuss the successes and failures of Abe Shinzo’s economic policies
Source: BDliveSA - 🏆 12. / 63 Read more »