Eskom staff were pushed to sign R4.3bn Tegeta contract, #StateCaptureInquiry hears | IOL News

Deputy Chief Justice Raymond Zondo, who chairs the Commission of Inquiry into State Capture. Picture: Karen Sandison/African News Agency

Hofmeyr said that Mashigo will show the Inquiry how in 2014 Eskom irregularly entered into a 10-year coal supply agreement worth R4.3 billion with Tegeta Exploration and Resources, a Gupta family coal mining company, to supply coal at Majuba power station from its Brakfontein mine in Mpumalanga. The reports show that Eskom had entered into the agreement with Tegeta in December 2014, prior to financial due diligence being completed, without a condition precedent being completed, and with no successful combustion tests being done on the coal that was going to be supplied.

As a result, samples were taken to an independent coal laboratory firm, Sibonisiwe Laboratories, which failed 15 out of the 30 samples. When samples from Brakfontein were taken to South African Bureau of Standards laboratory, 29 our the 30 samples failed the test. Dr van der Riet apparently told Eskom executives that what was happening with the Brakfontein coal was cause for caution.

Hofmeyr also told the Inquiry that when Tegeta started undersupplying on agreed coal supply in August 2016, Eskom had that year and in 2017 approached National Treasury for approval to give Tegeta R2.9 billion so it can increase the contract for 10.8 million tonnes of coal.

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