Struggling power utility Eskom has confirmed that it has secured funding to pay for its diesel requirements for the remainder of the current financial year, which ends on March 31, but has not yet provided full details on the funding mechanism. Speaking during a hastily convened media conference hosted to provide an update on the outlook for the system following a sustained period of Stage 5 and Stage 6 loadshedding, acting generation executive Thomas Conradie revealed that Eskom was operating its open-cycle gas turbines (OCGTs) extensively and would continue to do so for the rest of February and during March.
