Tag: Eskom Coal Shortage
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South Africa: Eskom Signs USD 2.5 Billion Loan Deal with Chinese Bank
South Africa’s largest power producer- Eskom has signed a USD 2.5 Billion (approximately Rand 33 Billion) loan agreement with the China Development Bank. The agreement will form part of the funding of Eskom’s build programme and specifically the Kusile power station. The successful conclusion of the loan agreement brings Eskom in line with the company’s…