Eskom signs 5-yr Moz power deal
2008-04-09 09:49
Special Report
Eskom is set to seek a 34% hike in electricity tariffs, back from the 88% rise it had been considering due to the global economic slowdown, a newspaper says.
Johannesburg - Power utility Eskom has concluded a five-year agreement to receive an additional 250MW of power from Mozambique's Cahora Bassa hydro-electric power station.
The agreement was signed in Mozambique on Thursday 3 April, the power utility disclosed on Wednesday.
In terms of the agreement, Cahora Bassa will make 250MW available to Eskom from its fifth generator, bringing the total amount Eskom can import from Cahora Bassa to 1 500MW. EDM, the Mozambican electricity utility, will also receive 50MW additional capacity from the fifth generator at Cahora Bassa.
This 250MW capacity for Eskom is in addition to the current long-standing agreement between Cahora Bassa and Eskom.
One hundred megawatts of this additional capacity was already being supplied from Friday and this will be ramped up in the coming weeks.
The power will be supplied over a network extending through Zimbabwe and Botswana to the SA grid or via the HVDC line to Apollo.
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