THE Cabinet has approved the building of a third coal-fired power station by Eskom, although no timeline, schedules or costs have yet been approved, Trade and Industry Minister Rob Davies said on Thursday.
Speaking during a post-Cabinet media briefing, Mr Davies said construction of the power station, dubbed Coal 3, was likely to start once Eskom’s two current coal-fired projects, Medupi and Kusile, were complete.
The national power utility is spending about R240bn on those two power stations — the lion’s share of a R300bn budget to expand its generation capacity over the next 10 years. Both stations are now delayed by three years from the initial April 2011 commissioning date. Read on BDLive >