Cyril ap­points Eskom task team

Weekend Witness - - News -

PRES­I­DENT Cyril Ramaphosa has ap­pointed an Eskom Sus­tain­abil­ity Task Team to ad­vise gov­ern­ment on ac­tions to re­solve Eskom’s op­er­a­tional, struc­tural and fi­nan­cial chal­lenges, the Pres­i­dency said in a state­ment yes­ter­day.

The team is tasked with com­ing up with so­lu­tions to the var­i­ous prob­lems faced by Eskom, and con­sists of “in­di­vid­u­als with ex­ten­sive elec­tric­ity, man­age­ment and eco­nomic ex­per­tise”, spokesper­son Khusela Diko said.

The team is charged with as­sess­ing the op­er­a­tional, struc­tural and fi­nan­cial vi­a­bil­ity of Eskom, in­clud­ing key as­sump­tions around life of plant, im­pact and cost of en­vi­ron­ment com­mit­ment, as well as de­mand as­sump­tions.

It will also re­view the turn­around strat­egy sub­mit­ted by the Eskom Board of Di­rec­tors.

Pres­i­dent Ramaphosa ap­pointed the fol­low­ing task team mem­bers: En­ergy pol­icy ex­pert An­ton Eber­hard; For­mer Eskom CEO Brian Dames; Chair­per­son of the En­ergy In­ten­sive Users Group Tsakani Mthombeni; ACTOM Power head Sy Gour­rah; In­fra­struc­ture and reg­u­la­tory econ­o­mist Grové Steyn; For­mer NUM gen­eral sec­re­tary Frans Baleni; Min­ing mag­nate Mick Davis; and CSIR se­nior re­searcher Bu­sisiwe Vi­lakazi.

In ad­di­tion, the team will as­sess the be­lea­guered power util­ity’s cur­rent busi­ness model and struc­ture, present a view on cur­rent en­ergy trends, and pro­vide pro­pos­als re­gard­ing the role, po­si­tion­ing and struc­ture of en­ergy util­i­ties.

It will also make pro­pos­als to re­solve the debt bur­den.

The task team will con­sult with var­i­ous role play­ers in­clud­ing labour and busi­ness, Diko said.

— Fin24.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.