Eskom will reduce load shedding to stage 3, from the planned stage 4, overnight on Thursday after securing a supply of diesel from PetroSA.
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Government said it’s urgently seeking funds to buy diesel that’s needed to fuel some of Eskom’s power plants.
Energy expert Chris Yelland said the utility has told him that its emergency open-cycle gas turbines will remain silent until then.
The state-owned utility will implement stage-5 load shedding from Monday until at least Wednesday, it warned on Sunday.
S&P Global Ratings expects government to fulfil its commitments to investors in Eskom as it finalises a plan to tackle the utility’s massive debt burden.
After plunging South Africa back into intense stage-4 load shedding on Friday, Eskom has now warned of “more erratic” changes.
Widespread breakdowns in Eskom’s generation fleet saw South Africa plunged back into stage-4 load shedding in the early hours of Friday.
Mteto Nyati joins Duncan McLeod on TC|Daily to chat about his investment in BSG, the evolving IT sector, South Africa’s future and more.
An Eskom contractor at the Camden power station has been arrested for allegedly trying to sabotage the coal-fired power station.
Rhulani Mathebula, Eskom’s acting general executive for generation, has resigned and will leave the state-owned utility at the end of this month.