The utility’s Group Chief Executive, Phakamani Hadebe, said the multi-tranche loan facility will contribute to Eskom’s plans to strengthen and refurbish the transmission infrastructure.
Eskom and the Agence Française de Développement (AFD) have signed a R1.5 billion (EUR 90 million) loan agreement to support the electricity utility’s investments in extending and strengthening its power transmission grid along the west coast of South Africa.