Emergency five-year power procurement awaiting Eskom board approval

A procurement and funding strategy empowering Eskom to proceed with a five-year emergency procurement programme has been finalised and will be presented to the State-owned utility’s board for approval during May. National Energy Crisis Committee (NECOM) secretariat head Rudi Dicks said on Friday that a Ministerial determination opening the way for the Load Shedding Reduction Programme (LSRP) had  been published by Mineral Resources and Energy Minister Gwede Mantashe and was currently awaiting the concurrence of the National Energy Regulator of South Africa (Nersa).