Eskom paid Exxaro R9.7 billion in penalties on Medupi coal contract | Business

Medupi and Kusile are the newest coal-fired facilities owned by Eskom, but delays and defects at the plants have stifled their nearly 9 600 megawatts of combined capacity, leaving the nation more vulnerable to power outages.

Eskom also reported that negotiations for Kusile’s coal supply with Seriti Resources are advancing and the parties agreed to a three-year supply deal as they work on a decade-long contract. The company didn’t immediately respond to emailed questions. In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy.

_Business Payed it to who this is the corrupt circle of this government create a problem than pay and so the money go they pockets its becoming a normal thing everyone blamed the guptas but still the corruption are going on even more

_Business I can't explain how you make me feel right now the joy in me is unbelievable I have made over $118,000 for the past a month through the help of obrikihenry1

_Business Don't you think that there is something fishy here? Exxaro is a BEE company. No wonder they got paid billions in penalties. They all involved in the gravy train. Brian molefe, koko, the whole bloody lot

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