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It expects supply to improve later this year.
By Paul Burkhardt, Bloomberg
15 Mar 2021 15:32
Image: Bloomberg
Eskom, which supplies almost all of South Africaâs power, said itâs undertaking long-overdue repairs at its facilities amid a high risk of nationwide outages, and it expects supply to improve later this year.
The debt-stricken state utility has implemented electricity rationing known locally as load-shedding on 19 days so far this year after record blackouts in 2020. That followed years of underinvestment in new capacity and a failure to maintain its plants, a number of which are past or approaching their retirement date problems Chief Executive Officer Andre de Ruyter has been trying to rectify.
Eskom Warns of High Risk of Power Cuts as it Fixes Faulty Plants msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.