South Africa must install R137 billion of gas power or face another ten years of power cuts

gas power or power cuts

Wartsila Oyj, a Finnish company that makes power plants, expects South Africa to face electricity outages for at least another decade unless it installs as much as $8 billion worth of gas-fired generation capacity.

The outages stem from state power utility Eskom Holdings SOC Ltd.’s failure to adequately invest in new capacity and the maintenance of 14 operating coal-fired power plants.

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