Eskom Parliament

Eskom tries to keep Hitachi in line

Eskom is now in a position to make performance bond demands against Hitachi Power Africa for failing to deliver on its construction contracts at the Medupi power plant, MPs heard on Wednesday.

The extended trigger date for calling in the bonds was August 9, Eskom commercial director Dan Marokane told Parliament’s portfolio committee on energy.

If the power utility called in all bonds, it would recover R1.5-billion from Hitachi, the biggest contractor at the plant and whose poor performance has contributed to driving up the estimated cost of completing it to R105-billion.

“We have a lot of claims against contractors and we will be going after contractors,” Marokane said.Read on Engineering News >

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