Eskom's R30 billion plan to avoid stage 10 load shedding
Eskom will renegotiate its diesel budget with the National Energy Regulator of South Africa as it needs more money to burn fuel to accommodate the electricity minister’s winter plan and the exemptions ordered by the nation’s High Court, reported Bloomberg.
“There was R8 billion dedicated to purchasing diesel, and out of the R254 billion relief funds for Eskom, R22 billion would be directed to buy diesel,” said electricity minister Kgosientsho Ramokgopa. According to a copy of a presentation seen by Bloomberg, Eskom would need to increase its budget for diesel. The plan showed that a special dispensation could reduce costs by allowing Eskom to purchase the fuel directly.
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