Eskom agrees to lower quality coal from Gupta-owned Tegeta but purchasing it at a more expensive rate

Eskom has agreed to allow Gupta-owned mining company Tegeta Resources and Exploration to deliver lower quality coal‚ at a more expensive rate‚ to its Hendrina power station in a show of the family’s continued influence at the power utility. Internal documents seen by TimesLIVE record that during negotiations between Eskom chief procurement officer Jay Pillay […]
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Eskom Could Close Hendrina Power Station Over Coal Supply: Plunging SA into another period of load shedding

An amaBhungane exclusive has revealed that Gupta-owned Tegeta has repeatedly failed to deliver enough coal. Leaked documents have revealed that Eskom is warning it might have to close its Hendrina power station, possibly plunging the country into another period of load shedding. An amaBhungane exclusive has revealed that Gupta-owned Tegeta, which bought the Optimum Coal […]
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Eskom warns of winter power cuts – unless Treasury signs new coal deals with Gupta owned company

Eskom chairman Ben Ngubane has warned that South Africans can expect power cuts this winter unless the National Treasury urgently signs purchase agreements so Eskom can build up its coal reserves, according to a report by TimesLive. Speaking at the sidelines of African Utility Week conference at the Cape Town International Convention Centre, Ngubane noted […]
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