Eskom insists it has ‘shovel-ready projects’ amid questions over maturity of pipeline

Electricity utility Eskom insists that it has a pipeline of generation, transmission and distribution projects that it could start implementing immediately should it secure access to “finance, human resources and expedited regulatory approvals”. During a recent interview, Andre de Ruyter told Engineering News that the lion’s share of the $8.5-billion in climate finance offered to South Africa should, once converted into transactions, be directed to Eskom, largely because the utility’s projects were at a more advanced stage than the alternatives and were “in some instances, shovel-ready and good to go”.