Mantashe says a ‘second Eskom’ would be established in his department – report

He told the Sunday Times that a move to renewables was more “ideological than technical”. Were it not for this ideology, the country would already have Karpowership’s floating power plants up and running, he said.

Mantashe told the media that a second state-owned company would need more power stations to be built. “So what we are suggesting — it’s not a decision yet — is let’s have a second generation company of the state, and that generation company must focus on baseload, and there must be a build programme for power stations,” Mantashe said.

Mantashe said this second company would be established in his department. “All that excites me is that the president begins to talk to me. It means he is warming to the idea, and that to me is a call for me to act with speed,” he said.Eskom chief executive officer, Andre de Ruyter, said South Africa could see the end of load shedding by the end of next week.

The power station is set to provide a necessary 920 MW to the national grid; however, de Ruyter added that to curb load shedding for good, additional capacity is still required as the system is currently unreliable and unpredictable.

Another way of eating out tax money

These ANC people are mad..

Whatever works…. But SOEs … they dont look great…I mean…look at SAA, Denel, Eishkom…

In South Africa we tend to believe that we're not like other African countries, but then we have the ANC idiots that lead the government, and we're reminded just how we're a typical African country.

The status quo must remain... private power producers take money out of the comrades pockets

So of a engine breaks... U don't fix it... U just put another one in the boot... Government needs to establish a command council to search for their common sense...

And the tenders go to who ?

The brilliancy of the Government got us a failed state. What next? The stupid doesn't realise their own condition.

So one 1 Eskom for each faction.

Oh dear, all I hear is 'more opportunities for corruption, yayyy'. How is it that our cabinet is entirely made up of greedy fools?

Any plan from any ANC Cadre will always fail, so the history teaches us. ✌️ sheeple VOTE for freedom from ANC tyranny next time peeps, don't forget!

Dumb and dumberer 2

You a fool sorry to say it

🤌🏾🤌🏾🤌🏾

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Eskom 2.0: Mantashe moving with speed on plan for new state-owned electricity utility | News24Energy and Mineral Resources Minister Gwede Mantashe is acting swiftly to present a memorandum to Cabinet for the establishment of a state-owned electricity generating company. | JKwritingz ZintleMahlati JKwritingz ZintleMahlati The party (MYANC) that collapsed Eskom wants to start an electricity generating company, quo vadis JKwritingz ZintleMahlati Soooo, this was the plan all along. Bravo....sly little monkeys we have running the animal farm JKwritingz ZintleMahlati Never go full tarded
Source: News24 - 🏆 4. / 80 Read more »

Eskom compact: The plan to end the energy crisis has ‘dragged on’Eskom compact: The plan to end the energy crisis has ‘dragged on’ - After 14 years of blackouts, the president has promised to expedite load-shedding’s finale They just talk no action National anthem... BS ANIMAL FARM SYNDROME IN SA CAUSED THE CRISIS BECAUSE SOME ARE MORE EQUAL THAN THE REST OF SAFRICANS. Repent SA STRATCOM MEDIA. Otherwise hell fire of sulphur & brimstone shall consume you. You report Falsehoods Fake News etc. with your biased captured so called Journalism!
Source: mailandguardian - 🏆 2. / 92 Read more »

ESKOM 2.0? : Mantashe suggests forming second state-owned power utility to solve energy crisis — Ramaphosa agreesAs the ANC-led government scrambles for solutions to the worsening, 14-year-old energy crisis they’ve markedly failed to arrest, Gwede Mantashe — Mineral Resources and Energy Minister and ANC National Chairperson — has suggested the answer lies in the creation of SOE public utility to compete with Eskom. Its because they pull faces in stead of learning their jobs. One dimple cannot make these stories up, how does he do it? Of the viable, quick and sustainable solutions to our power crisis, the incompetent and compromised GwedeMantashe1 suggests entrusting the same people who broke every functional SOE with establishing a power utility. They can't even repair a pothole 🤷🏾‍♂️
Source: dailymaverick - 🏆 3. / 84 Read more »