No immediate clarity on how coal extensions will be aligned to R254bn debt-relief conditions

No immediate clarity has been provided as to how the current proposal to extend the life of certain coal stations beyond their scheduled retirement dates has been aligned with the conditions of a R254-billion Eskom debt-relief package, which was unveiled by Finance Minister Enoch Godongwana in February. During a Standing Committee on Appropriations briefing convened in Parliament on the Eskom Debt Relief Bill, Eskom interim CEO Calib Cassim confirmed that the conditions prevented Eskom from investing in any new greenfield power generation, including renewables.