Treasury releases report on independent assessment of operations at Eskom’s coal-fired power stations
1 March 2024
National Treasury is releasing a report compiled following an independent assessment of operations at Eskom’s coal-fired power stations. National Treasury commissioned VGBE consortium consisting of Dornier, KWS, RWE and Steag, to conduct the independent assessment and compile a report. The assessment was conducted as part of conditions attached to the R254 billion debt relief arrangement for Eskom and some of the findings will be incorporated into Eskom’s 2024/25 Corporate Plan.
National Treasury commissioned the independent assessment of all Eskom coal-fired power stations to obtain an in-depth understanding of their operational challenges. It is hoped that the findings and recommendations will assist in strengthening Eskom’s corporate plan and continue to support the turnaround at Eskom.
The report was handed over to the National Treasury and Minister of Finance in September 2023. Over the last few months, various government and Eskom stakeholders were given time to adequately engage with the report prior to its release.
The scope of assessment comprised a review of the operational situation of the coal fleet, an assessment of the power plant maintenance budgets, a skill-level assessment of power plant personnel, as well as a transmission grid assessment.