Eskom ponders Karpowership tender bid amid continued blackouts and environmental concerns

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Solution? One of the power ships that would be stationed off the coast to provide emergency power to the country’s grid. Photo: news24
Solution? One of the power ships that would be stationed off the coast to provide emergency power to the country’s grid. Photo: news24

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Meeting the terms of a 20-year deal with Turkish powership owner/operator Karpowership would add pressure to Eskom’s already stretched finances and heighten its exposure to fossil fuels, said the people, requesting anonymity as the power utility is yet to comment publicly. The utility has a debt burden of R464 billion and is struggling to meet payments even with the help of state bailouts.

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