After his comments on Tuesday, Manyathela confronted Mantashe with comments by Electricity Minister Kgosientsho Ramokgopa that ending load shedding soon was not technically possible.
"Now, it is an emergency procurement. It is not [about] generation capacity. We are going to the extreme in giving environmentalists veto power over development." "These power stations belong to the state. There's this thing [… ] when the state puts money in its assets there is a big topic and headlines. It is actually a misnomer. Everybody, including the private sector – they invest in their assets."
He said when Eskom received what others called a"bailout", it was actually a"premium we pay for attracting a technology into the economy", adding:He said that when the Eskom board told the state in late '90s, that"there would be an end to the electricity surplus by 2007" and that they needed to build new capacity, the state delayed"because they banked on the private sector taking an interest".
France Dernières Nouvelles, France Actualités
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