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Eskom to receive R23 billion

Published Feb 13, 2015

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PRESIDENT Jacob Zuma yesterday laid out a convincing short- and long-term intervention in the energy crises that will see Eskom receive R23 billion in the next financial year.

Admitting that the crisis was a “major inconvenience for everyone in the country”, and lapsing to his native Zulu in an impassioned appeal, Zuma said the government was finalising the energy security master plan, which entailed the rollout of the energy mix as far as the year 2023 with the coming on stream of a new set of nuclear generation.

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He appealed to business and households to switch to gas as much as possible to ease the pressure on the grid. Zuma also said 4 000MW had been secured from renewable sources. – Banele Ginindza

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