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Eskom can’t ditch renewables – Treasury

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There was no indication “whatsoever” that Eskom might force Treasury to foot the bill for R200 billion in renewable energy investments, said Treasury director-general Lungisa Fuzile.

Eskom has grown increasingly vocal about its opposition to the renewable energy independent power producer procurement programme (REIPPPP).

Recently, the company’s head of generation, Matshela Koko, said Eskom should be relieved of the most expensive among its power purchase contracts with renewable projects – and Treasury should instead pay for them.

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