Corruption not at the heart of Eskom's operational troubles, says new electricity minister | Business

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Corruption not at the heart of Eskom's operational troubles, says new electricity minister | Business
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Corruption is not among the key issues affecting Eskom's power stations, the newly appointed minister of electricity insists. Rather, a multitude of operational and financial challenges exist. | News24_Business

Corruption is not a key issue affecting the performance of some of Eskom's power plants, the minister of electricity has said.

"Here is the first time I get to a station, where they say: 'We think there is corruption here, especially in procurement - the speed with which you get spares parts, the price of these parts - you can see that there is collusion and there is something that requires attention'," Ramokgopa said. Turning around Tutuka's performance is critical for the whole generation system as it would help Eskom to eliminate three stages of load shedding should the plant be able to bring some 3 000MW back into operation, Ramokgopa said.

The bulk of Tutuka's coal is supplied by Seriti Resource's Denmark mine, which is adjacent to the power station. There has also been clear underinvestment in the power station, he said, noting that this has been aggravated by a possibly misplaced impression that the plant faces imminent closure and so critical equipment has not been replaced.Speaking to workers, the minister said he would plead a case for extending the plant's life if Tutuka's EAF could be shown to improve.A deep dive into the big business story of the week, as well as expert analysis of markets and trends.

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