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South Africa - Eskom transmission improvement project – ESIA Summary
Eskom Holdings State-Owned-Company (SOC) Ltd, is South Africa’s primary electricity supplier which is wholly owned by the South African government through the Department of Public Enterprises. Since 2005, Eskom has undertaken a significant programme to expand and maintain its ageing infrastructure, which has required significant capital investments. The capital expenditure related to the capacity expansion programme, from its inception in 2005 until expected completion in the 2020/21 financial year is estimated to be approximately ZAR348 billion. The Government of South Africa (GoRSA) has been assisting Eskom raise the required debt funding by pledging to guarantee up to ZAR350 billion of financing of which about ZAR160 billion has already been utilised.