THE NEW CEO’S IMMEDIATE TO-DO LIST
Together with the interministerial task team, plug the funding gap and avoid a downgrade to junk status by ratings agency Standard & Poor’s, which has placed Eskom on credit watch.
Convince the National Energy Regulator to grant tariff increases to Eskom from 2014 to 2017.
Cut costs as part of a five-year plan by up to R60 billion.
Ensure Medupi’s first boiler comes online by December and is fully operational by the middle of next year, as promised. Reverse diminishing plant availability. Improve maintenance capability and catch up on the maintenance backlog.