Eskom gets R9bn World Bank loan to repurpose Komati power station

Having commenced service in 1966, the last operating unit of Komati was shut down after it reached the end of its operating life on Monday.

“The loan facility will cover three main components: decommissioning of the Komati power station, repurposing and repowering of the station and other elements of the just energy transition, including provision for the training of Eskom employees, community development and stakeholder initiatives,” Eskom said

All 9 billion will be stolen and taxpayers will be left to foot the bill

It's already stole before it left world bank. Another moer se bonus for Eskom ceo's and shares for cANCer top six. The old crooks when they die in five years time, we still have to pay back their loans

Making room for Eskom to create more debt

Tenders...Tenders.. Tenders

Straight to the conference 🤞🏾

The cadres must be out in full force.

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South Africa gets $500 million World Bank loan for major wind and solar projectThe World Bank has approved South Africa’s request for a $497 million project to decommission and repurpose the Komati coal-fired power plant using renewables and batteries. Boom! Now u see it, now u don't. Viva! The cadres is gloating.
Source: BusinessTechSA - 🏆 24. / 61 Read more »