Eskom CEO says it wants hand in negotiating IPP pricing
Eskom wants to play a role in negotiating the price at which new and existing independent power producers.
"It is very important that [with] the roll-out of the new IPP programme that Eskom, as the ultimate buyer of the electricity produced by the IPPs, be involved in the negotiations of the commercial terms," De Ruyter told parliament's watchdog Standing Committee on Public Accounts (SCOPA).
"It is very important to us that we understand both the quantum and the cost of what is being contracted on our behalf. So we are engaging with the IPP office with a view to being involved in the process right at the outset."De Ruyter added that Eskom also wanted to "relook" at the terms negotiated during the first two rounds of the government's renewable energy IPP programme.
Read more: IOL News
LandNoli He must use his hand to PLEASE himself. LandNoli NO IPPs period. Oh dear... Why must the competition get your approval, what is then ? If dont like their pricing you dont buy qha ! Handlers won’t be impressed . Did he not get the memo Gordhan and his minions claim these costs dont affect Eskom at all. Why does the CEO care?
Oh no, you don't. What does Nersa say No Hawu national engineer koko_matshela so the price of IPP's are not price neutral as was suggested by chrisyelland
Eskom urgently needs cash injection to avoid debt crisis, says CEOAiling power utility Eskom urgently needs more cash to stabilise its ballooning debt pile with the funds coming from a rise in tariffs or new equity, new chief executive Andre de Ruyter said on Tuesday. I smell another taxpayer bailout. 👃👀
Eskom needs cash injection to avoid debt crisis: CEO Eskom urgently needs more cash to stabilise its ballooning debt pile with the funds coming from a rise in tariffs or new equity, its CEO said. This again!!! Again yooh
MPs grill Eskom over load shedding crisis | IOL News Eskom has faced tough questions from MPs on the load shedding that is to last for the next 18 months. I have a few though ones of my own 😤😤. Baphi I wanna have a word eskom EskomMOB mpsinparliament... Why were all eyes closed during initial loadshedding ? Was there capture involved? How many MPs were involved?
No loadshedding expected on Tuesday, says Eskom | IOL News Eskom again urged customers to use electricity sparingly, despite the improvements, and said it wanted to 'remind' citizens ... Winter is coming.....kusazonyiwa. Correction - no load shedding expected in the suburbs. If eff can to eskom every month. The will be no laodshedding
More than 70 conditions before pension funds can be used to rescue EskomOrganised labour has given the presidency, Nedlac and Eskom more than 70 conditions that “have to be adhered to” before the unions can give government the go-ahead to tap into the Government Employees’ Pension Fund to help reduce the power utility’s debt. So the workers in a massively bloated SOE ESKOM don't want to back themselves and put their money where their mouth is with retrenchments and every time they strike but expect the public to?
NEVA MAKGETLA: Use of pension funds to rescue Eskom is a viable optionFor most workers, it would be worth sacrificing some future income to avoid retrenchment No. Find other viable options. Using state pension funds is really only raiding the over taxed tax payer. State pensions are guaranteed by the state. This is the ANC s underhand plan. Cvots