Calib Cassim

Profit falls from R3.8bn to R1.6bn as supply constraints and a drop in demand take their toll This content is restricted to registered users and subscribers. Get Your Free…

The acting chief executive said it was imperative to bridge the gap of 4000 to 6000 megawatts of dispatchable capacity

Eskom acting chief executive Calib Cassim says Eskom expects to see an improvement in its financials in 2025

Eskom’s Calib Cassim said the utility plans to keep capacity losses caused by breakdowns to below 14 500 megawatts

Acting CEO Calib Cassim told the M&G there has to be planning for what happens after the debt relief ends

Acting chief executive says he still has work to do in his financial role at the utility

Utility says that this will encourage defaulting municipalities to cough up

Eskom expects units from Kusile and Tutuka power stations to be back online in November

This is in line with its turnaround plan which was approved by the department of public enterprises in 2019.

The Energy One Stop Shop and Energy Resilience Fund is aimed at cutting red tape and accelerating regulatory processes in renewable projects

Transmission company is another plan to raise revenue – provided the treasury approves it

Renewable energy could close the gap between demand and supply, ending load-shedding. But out-of-pocket Eskom must find money to upgrade its transmission infrastructure first

Sources say the board will wait until the investigation is completed before making a decision

In the utility’s worst-case scenario, the country could experience stage eight load-shedding during the icy winter months

Eskom will be freed from borrowing more money for its operational needs and capital requirements for the next five years because of the government’s debt relief package and the…