Matshela Koko, the former head of generation at Eskom, told the state capture commission of inquiry that there was nothing wrong with a controversial R1.68 billion pre-payment which the power utility made to Gupta-owned Tegeta Exploration and Resources after the company clinched a coal supply deal in 2015. “I would testify here that there is absolutely nothing wrong with the transaction of the R1.68 billion pre-payment. In fact, it was the only alternative available to Eskom,” Koko said on Tuesday, without explaining the importance of the payment.
News
You are here: Home1 / News2 / Industry News3 / There was no alternative to Eskom’s R1.68bn prepayment to Tegeta,...
You might also like
INDUSTRY NEWS
- Ramokgopa seeks to strike ‘delicate balance’ on Eskom tariffs, labelling mooted hikes …September 19, 2024 - 7:04 pm
- AfriForum continues fighting Nersa’s latest appeal in municipal tariff matterSeptember 19, 2024 - 5:00 pm
- IBM develops two new models for energy sector forecastingSeptember 19, 2024 - 1:04 pm
WHERE TO FIND US
Address
9 Yellow Street
Botshabelo Industrial Area
Botshabelo, Free State
Call / Email Us
Tel: +27 (0) 51 534 1651
Email: info@transfix.co.za