Eskom signs land lease agreements with Independent Power Producers - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Eskom has signed contract deals with four Independent Power Producers; HDF Energy South Africa Red Rocket SA, Sola Group, and Mainstream Renewable Power Developments South Africa.

File image of a sign outside Eskom Megawatt Park.

Eskom CEO, Andre de Ruyter says the deal signed on Friday will not eat into the pockets of South Africans. And, it is estimated that the first power generation will be in the next 24-36 months, subject to environmental, land zoning, and other regulatory approvals.

 

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What are the terms

Yts are stealing the country AGAIN!!

Ayikho into abazoyenza kuzobhubhudlwa imali, Eskom cables were last installed in the 80s there nothing IPP accommodating about their technology kwenziwa thina izilima

Wow white people take control of another SOE piece by piece. When they are done with Eskom,Transnet is next on the menu

Money going to waste 🗑

privatization

Have you probed who these producers are and who they 'aligned' to

In laws making money for themselves while acting like there’s an energy crisis 💀💀

Haai

The next July riots-like revolution will be on the price of electricity...

Ewu! Kazi nkosi thina usikhohlwa ngani 🥺

I bet those companies are politically connected

Who are they anc cadres 🌈🇿🇦🥴🥴🥴

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