Construction on the Medupi and Kusile power stations will go ahead as the cost of halting the projects will not benefit the economy, the Chairperson of the Eskom board Jabu Mabuza has said.
The power plants are expected to cost R18 billion each.
Mabuza was speaking at a media briefing on the state of SA’s power supply on Wednesday along with other Eskom executives and Public Enterprises Minister Pravin Gordhan.
The building of the coal-fired power stations, which started in 2007 and 2008, has been hit by cost overruns, poor engineering designs and allegations of corruption.
Mabuza said questions had been raised on whether it would be feasible to stop construction on the multi-billion rand coal plants now or to continue the process until completion.
“We have done the exercise and have concluded that the costs of not continuing is not going to be met by the benefit of continuing,”
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