NEW COAL AGREEMENTS ‘ARE BEING FAST-TRACKED’
ESKOM maintains its coal stock pile is a challenge and new coal agreements are being fast-tracked, deputy spokesperson for the utility Dikatso Mothae said yesterday.
She was responding to questions from The Witness after the Middelburg Chamber of Commerce and Industry said that Eskom’s claims of a coal shortage were questionable, considering coal originally contracted for by Eskom had been, during November, piling up at the mines, uncollected by the utility.
“We are working with National Treasury and our shareholder ministry Department of Public Enterprises to fast-track coal procurement in order to conclude new coal contracts,” she said.
“At the same time, we have been diverting coal from well stocked power stations to the power stations with less stock.”
In a presentation last month, Eskom said it had concluded 27 new coal contracts between January 2018 and October 2018 for supply of 15,8 million tons in the current financial year.
The total contracted volume was 73 million tons. Eskom needs about 116 million tons per year, and additional contracts in the pipeline are at advanced tender stage.
The utility was also “executing urgent purchasing of four million tons for immediate supply to recover all power stations to above minimum level by March 31, 2019 ... Only 1,1 million tons of the required four million tons through urgent procurement is currently firm.”