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Eskom contract 'helps turn Gupta, Zuma coal mine around'

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Johannesburg - At the heart of a "spectacular" turnaround of Optimum Coal, which was sold to Tegeta Exploration and Resources - owned by the Gupta family and President Jacob Zuma's son Duduzane - lies an Eskom contract worth more than R564m, City Press reported on Sunday.

In April Eskom awarded the contract to Tegeta to supply the Arnot power station with 1.2 million tonnes of coal over six months. Tegeta received this contract after a 9-month delay by Eskom in awarding a permanent supply contract to replace an Exxaro contract that had expired at the end of 2015.

In a statement issued on Sunday afternoon, Eskom said the City Press article "offers no evidence to support its wild allegations".

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