Eskom says the extension of the second phase of the power outage until 8 a.m. to 10 p.m. on Saturday and Sunday is partly due to the need to conserve diesel fuel reserves.

Eskom again urged people to reduce electricity consumption and turn off all unnecessary appliances.

Eskom spokesman Sikanati Mantshansha says on Monday they are waiting for a ship with diesel supplies.

“If the current burning rate is maintained, diesel fuel will be depleted before the ship is unloaded. While one unit at the Duha power plant was processed, one unit at the Tutuka and Medupi power plants were put back into operation. Three generation units are expected to be serviced. However, this will not be enough to meet the increased demand during the cold front over the weekend. We currently have 3,405 MW of scheduled maintenance, while another 15,481 MW of capacity is unavailable due to breakdowns. ”

Eskom Finance

State Enterprise Minister Provin Gordhan says Eskom has made progress in stabilizing its finances. Gordhan spoke to members of parliament during a vote on his department’s budget.

Gordhan claims that preliminary unverified results show that the company’s profit before interest, taxes, depreciation and amortization has grown by more than 85% since fiscal 2021.

Gordon says the organization has also achieved savings of Rs 50 billion thanks to its savings program, which began in the 2019 and 2020 fiscal years.

He says: “Further reduction of the debt to 396 billion rubles was also achieved. The restructuring process is in full swing, and the transmitter company has already been set up … and all that is expected is finances to allow Eskom to move in that direction. ”

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