Eskom ordered to pay French company R1bn-plus over Koeberg dispute – Business Day

State-owned utility Eskom has been ordered by a high court to pay more than R1-billion to French nuclear energy company Framatome, after contract and project management problems delayed a steam generator swap at the entity’s Koeberg nuclear power plant, newspaper Business Day reports. In an article on July 21, reporter Kabelo Khumalo reports that the adjudication process, which was handled by advocate Peter Ramsden, resulted in the court ordering Eskom to pay Framatome €35.2-million (R727-million) and a further R256.6-million, in line with Ramsden’s earlier findings.
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Mozambique’s $6.4bn hydropower plan to get World Bank funding

Mozambique won World Bank backing for its plan to build Southern Africa’s biggest hydropower plant in half a century. The lender plans to provide debt and equity funding as well as risk guarantees and insurance for the $5-billion Mphanda Nkuwa plant on the Zambezi river and an associated $1.4-billion power transmission project, World Bank President Ajay Banga said in an interview in Mozambique.
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