Eskom Seeks $21 Billion for Transmission Network Expansion

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Researched by Industrial Info Resources (Sugar Land, Texas)--South Africa's state-owned power utility Eskom (Sunninghill) aims to ramp up its transmission infrastructure by constructing more than 14,000 kilometers of power lines by 2033, a staggering increase compared to the previous decade's installations. The state utility is forging ahead with plans to secure funding of R390 billion (US$21 billion).

As Eskom grapples with meeting the nation's electricity demands, exacerbated by frequent blackouts, the expansion aims to enhance the grid's capacity and resilience.

With discussions underway for private and foreign funding, this expansion is crucial for accommodating the increasing amount of renewable generation coming online in future.

Industrial Info is tracking 249 transmission projects, worth US$7.01 billion, in South Africa. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a list of detailed project reports.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).