Matshela Koko shares his views on Eskom’s problems, IPP contracts
Court action by Coal Transporters Forum against Eskom took place in Pretoria today. The CTF will ask the high court to block Eskom from obtaining power from independent power producers.
Mon, 18 Mar 2019 10:38:45 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- The fight against IPPs: Koko views the court battle with the CTF as a larger struggle against the privatization of Eskom through IPPs, arguing that the utility's future is at stake.
- Eskom's challenges: Koko points out Eskom's current failures and links them partially to the involvement of IPPs, calling for immediate solutions to address the crisis.
- Competency at Eskom: Koko emphasizes the need for competent leadership at Eskom to effectively manage the operational challenges and ensure the reliability of the power supply.
Former Eskom CEO, Matshela Koko, has weighed in on the ongoing court battle between the Coal Transporters Forum (CTF) and Eskom, urging for a reevaluation of the role of independent power producers (IPPs) in the utility's operations. The CTF is seeking to prevent Eskom from procuring power from IPPs, arguing that this move threatens the future of the national power utility. Speaking to CNBC Africa reporter Lubabalo Mashiqana, Koko expressed his support for the CTF's stance, describing the issue as a crucial fight against the privatization of Eskom through the IPPs. He emphasized the significance of Eskom as a crucial entity for the country, asserting that it cannot afford to fail. Koko highlighted the current challenges faced by Eskom, attributing a portion of its struggles to the involvement of IPPs. He stressed the importance of the public siding with Eskom in this battle to secure the utility's future.
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