Eskom's demand for diesel billions will probably be denied, says Godongwana | Business

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Eskom has asked the National Treasury for R19.5 billion to buy diesel to fuel auxiliary power plants, a request that’s unlikely to be heeded, said Finance Minister Enoch Godongwana. | News24_Business

South Africa has been subjected to record power outages this year, mainly due to breakdowns at Eskom’s poorly maintained coal-fired plants that account for over 80% of South Africa’s power supply. The utility has been forced to use turbines that run on diesel, intended for bolster generation during peak-demand periods, to mitigate blackouts that have curbed economic growth. last month that load shedding may intensify if it runs out of funds to buy the fuel.

The utility has since negotiated a deal with state oil company PetroSA for diesel, which should be sufficient to cover its requirements for the fuel through the financial year ending March 2023, Godongwana said. “Due to the depletion of the budget to acquire diesel for the open cycle gas turbines, Eskom has been forced to strictly conserve the fuel for the direst of emergencies,” it said in a statement Friday, as it announced the resumption of power cuts.

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_Business Just give us the money to install solar. I thank you

_Business Where is the R5.1bil that ABB paid back?

_Business Eskom is now decolonised. We can now go back to what life was like before Jan van Riebeek came.

_Business Yea and in the mean time people are without power some for months now and yet they cant maintain or repair they genaratiors nothing is being fix

_Business Baanya! .... So all other machines break except for diesel?

_Business And then?

_Business Ask CyrilRamaphosa

_Business Bliksem

_Business Coal, coal coal, coal, use Coal the real naturality and minerals of the Democratic Republic Of South Africa ✍️🫵🔌🔌

_Business Magtig🙆🏽‍♀️

_Business Remind me again why it's unlikely to be heeded & who/why is in charge of this whole mess ...

_Business We're supposed to believe Deruter isn't the problem.

_Business Kanti what does ESKOM do with the money we pay when we buy their expensive electricity?

_Business The want money but have had more sabotage incidents and misappropriation of money... Scared to see what happens if they get 19.5 billion

_Business DeRuyter is such a cheap prostitute

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Godongwana: 10% chance of Ramaphosa resigning | BusinessShould President Cyril Ramaphosa resign, economic policy won’t change, Finance Minister Enoch Godongwana said, while stressing that he expects him to stay in his post. | News24_Business _Business I don’t know about that because iimigodoyi are hungry! _Business These brave words will last but 24 hours into the new incumbent’s reign. _Business Really?,why dont you join him and go
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