Posts tagged with 'Kusile'

 

Vergieting van ons Geld by Eskom Stort Voort! Waar sal die Plundering Eindig?

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Die nasionale kragvoorsiener Eskom is besig om verliese ten bedrae van ongeveer R840 miljoen te verloor vir werk wat by die Kusile-kragstasie gedoen word.

Die skokkende syfers is deur die minister van openbare ondernemings, Pravin Gordhan, tydens die vraag-en-antwoordsessies in die parlement bekend gemaak.

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Na dekades is die projek by Kusile nog steeds nie voltooi nie, en die oorspronklike koste beraming van R260 miljoen het intussen drievoud gestyg tot meer as R800 mil
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ANC Using #Covid19SA to Justify Plans to “Discipline Private Sector”, Nationalise Pensions & Plunder Central Bank Reserves in “Radical Transformation”!

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THE STATE CAPTURE TO END ALL CAPTURES: True to their word, the ANC’s Ramaphosa and Nkosazana Dlamini Zuma (NDZ) are using the extended CCP-virus lockdown, as a cover to propose changes to the Pension law in order to grab pensions for massive redistribution of wealth, and tender fraud on a scale never seen before! Né Cyril? We should have known. The ANC is coming for your pensions with it’s promised radical transformation, turning the country into a fully communist, totalitarian and fascist black supremacist hellhole. In short they are throwing more wood under the pot in which they are slowly boiling the white minority frogs. Lots and lots of wood. 

A new concept document by the ANC’s head of economic transformation, Enoch Godongwana, states that the ANC wants to use pension money and the reserves of the Reserve Bank, to build a so called “open economy” post CCP-virus pandemic. Open for looting yes! The concept document was submitted to the ANC’s national executive
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Greedy Ramaphosa Wants More From His & ANC’s Personal BEE Cash Cow, Eskom – He Finally Admits Medupi & Kusile Are Unreliable (Have Been Bled Dry) Even As The Blame Game Rages On…

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Planning to fail: Having pocketed millions, if not billions, by plundering Eskom in all sorts of ways through a variety of tender companies and who knows what else, it seems Cyril and The ANC have finally realised the Medupi & Kusile projects have bled dry, and are now looking for new ways to employ (steal) taxpayers money, to continue bleeding them dry… yet another new huge expensive project with new tenders, contracts, bribes & kickbacks. It is the same all over South Africa, build a new school, extort tenders, contracts, bribes & kickbacks. Then burn it down and steal more from the taxpayer by building another school with more tenders, contracts, bribes and kickbacks. The African Way.

It is incredible that Ramaphosa now says that the much vaunted Medupi and Kusile Power Stations, with an ultimate costs as high as R451 BILLION are unreliable! This after the ANC’s investment arm, Chancellor House, made up to R150 Million profit from the proje
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#Rollingblackouts in SA mos definitely caused by BEE, racial quotas, cadre deployment and outright looting!

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Yes, without a doubt the c-ANC-er broke Eskom, like they broke everything else. And they are making money from it too.

It is known that the ANC’s investment arm called Chancellor House made a 5000 % profit on its investment in Hitachi South Africa which had the tender for the boilers of Medupi and Kusile power stations. It was also reported in the media that Hitachi did a shoddy job with the welding of the boilers, which will shorten the life expectancy of the entire Medupi and Kusile. Chancellor House is also a shareholder of Pfisterer, a Pietermaritzburg based company supplying equipment to Eskom.

Today Eskom is producing less electricity than in 2007, costing more per unit price and using a bigger workforce than ever before, earning bigger salaries and bonuses.

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Medupi and Kusile power stations are still “off the grid” due to poor construction work, corruption and cost overruns

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More than 600 senior officials from Eskom and some executives were informed of the entity’s “turnaround” plan. According to documentation, Eskom is sitting without cash and has almost completely collapsed on several occasions.

R130bn has been loaned to the power provider and the state is expected to help as government announces increased tariffs. Eskom unbundling continues but will take four years to finalize. So the future is still bleak around the entity with its overloaded workforce and top structure officials.

In the last two years, Eskom reported a loss of R2.3 billion while R19.6 billion was wasted on unauthorized expenses.

In the meantime, Medupi and Kusile power stations are still “off the grid” due to poor construction work, corruption and cost overruns.

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Multi-Billion coal-fired power station in crisis – Not one of Kusile’s six units is delivering power into the grid due to lack of skill and maintenance

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Eleven years after construction started on Eskom’s massive 4800 MW Kusile coal-fired power station in Mpumalanga province, South Africa, not one of its six 800 MW generator units is currently delivering power into the grid.

Construction started at Kusile in 2008, and all six generation units were planned to be in commercial service by the end of 2014. However, the sad reality is that by the end of July 2019, five years after 2014, only Unit 1 at Kusile has been handed over for commercial service.

While Units 2 and 3 have been synchronised to the grid, they are still undergoing testing and commissioning, and the units are not in commercial service yet.

“It must be noted that only Unit 1 is in commercial operation, and Units 2 and 3 are still in the commissioning process following first synchronisation”, said Eskom deputy spokesperson Dikatso Mothae yesterday.

But worse, major design, execution and operational problems are being exper
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During the ANC regime, roughly R500 billion has been looted by Eskom contractors, which partly explains why South Africa is in such a big financial mess – it is unsure if the culprits will be brought to justice

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A Special Investigation Unit is currently investigation more than eleven contractors whom are suspected of robbing the power utility of billions of rand.

The contractors looted R130 billion from Eskom during the construction of the two new power stations, Medupi and Kusile as well as the Ingula power station.

From the so-called “inner circles” it is claimed that plundering at Eskom has been taken place since 2005, which partly explains why South Africa has ended up in a financial mess.

A spokesman said Eskom had been robbed of R170bn, of which R130bn was directly related to so-called contractors working at the different power plants.

Investigation is now being done to determine who has committed theft, and who worked within Eskom to benefit the thieves.

Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.

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Numsa wants Gordhan’s head over extraordinarily high escalation costs at new failed power stations – according to Gordhan, power stations are “poorly designed and poorly erected”

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Trade union Numsa demanded that the Minister of Public Enterprises, Pravin Gordhan, be dismissed for the extraordinarily high escalation costs at the Medupi and Kusile power stations.

The construction cost has doubled to almost R292 billion and both power stations are described as “poorly designed and poorly constructed” by Gordhan.

Earlier, it was confirmed that the two power stations did not meet the requirements, and billions of rand would have to be used to rectify the errors.

The original article can be read in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.

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This is what happens when BEE contractors are prefer over skilled labour!: Medupi and Kusile- The two new coal-fired power stations’ “error” repair costs already amount to R2 billion.

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According to observers, the repair costs of errors at the Medupi and Kusile coal-powered power stations are already nearing R2 billion.

This puts the expected start up costs at R292 billion, which is twice the initial estimated cost. The device that grinds the coal, the furnaces and other systems at both plants does not function properly and is attributed to poor craftsmanship.

The two plants were erected by people who had never undertaken such an assembly project, and took it much longer to complete than initially calculated.

Photo – Medupi

Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.

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