Eskom spends big

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Eskom spends big
Eskom spends big

Eskom is planning to invest around R150-billion over the next ten years on transmission projects designed to bolster network reliability and integrate new generation capacity into the power grid.

This investment forecast was outlined in the latest ‘Transmission Ten-Year Development Plan: 2013-2022’, which has been published in line with the South African Grid Code and is the fourth ten-year plan to be released by Eskom.

The investments will seek to ensure that the network complies with the minimum reliability criteria and is ready to integrate new Eskom and independent power producer (IPP) generation capacity and connect new demand centres.

Approximately R121-billion has been set aside for projects designed to improve the reliability of the network, another R25-billion for programmes aimed at integrating new power generation projects, such as the Medupi, Kusile and renewable-energy projects, and about R3-billion is for customer-related projects.

Refurbishments and repairs also feature strongly in the plan. Besides the R149-billion for the capacity expansion of the transmission division it also expects to spend R12.2-billion on refurbishment projects and R2.3-billion on capital spares over the period.

In addition, Eskom is budgeting a further R4.7-billion for the acquisitions of servitudes and the completion of environmental–impact assessments, as well as a further R4.5-billion for production equipment and another R1.7-billion for strategic projects.

 

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