Eskom Power Grid Under Severe Pressure

Eskom has not subjected the country to load shedding for more than three weeks.

Eskom has warned that the power grid is under severe pressure and has urged people to turn off all unnecessary appliances.

Eskom has not subjected the country to load shedding for more than three weeks.

The power utility says load shedding -when it is implemented – can cost the country billions of rands in lost production every day.

In February Eskom CEO Andre de Ruyter said he recognise that load shedding causes hardship to the country and economy. He warned that the utility will post a substantial net after-tax loss at its next financial results.

De Ruyter was hosted by the free market foundation on its podcast to discuss Eskom’s current state of affairs.

www.ferroalloynet.com