IPPs will be permanent part of unbundled Eskom, says Gordhan

The minister says Eskom’s major assets are not intended for privatisation once the utility has been unbundled.

The minister was on Tuesday answering questions from parliamentarians during a session in the National Assembly. The minister said IPPs, whether the producers of coal, gas or renewable energy, would be a permanent part “of what we see into the future” of the power utility. Gordhan said the utility was “in a fascinating period of transition,” from relying on coal to renewable energy.

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