Eskom says it finished Medupi and expects to spend no more than R135 billion

Jan

Who's the Boss?
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Medupi finished — but R154 billion over-budget

Eskom announced that the Medupi Power Station project’s last of six generation units has attained commercial operation status and was handed over to the power utility’s Generation division.

The capital cost of the project is R122 billion so far, and Eskom said it expects to spend no more than R135 billion in total on completing the plant.
 
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Gordon_R

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The article doesn't properly explain the difference between cost (which includes interest) and capital expenditure. Most of the 'cost' was due to delays...
 

c3n0byt3

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article said:
“Once these repairs are completed during the next 24 months, Medupi will reliably deliver power to the national grid at full capacity, helping increase energy security for the country.”

So finished in terms of some admin handover.
Still two years to be effectively done.
Also in the meantime, while those modifications are being made, expect breakdowns.
 

Lupus

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When Medupi comnenced in 2007, solar farms would have been a waste of money. Things have changed a lot since then...
Still a waste, great for the day, not so much at our peaks
 

thestaggy

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