JOHANNESBURG - Eskom has announced a massive infrastructure project, the largest on this year’s capital expenditure list.
The R320-billion project is part of a five-year plan to overhaul the electricity system.
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The power utility will invest in generation, transmission and distribution upgrades, aiming to stabilise the national grid and support the integration of renewable energy.
Experts say the project accounts for nearly half of all new infrastructure plans in South Africa.
While seen as crucial for addressing power challenges, the scale of spending highlights the ongoing investment in the country’s energy future.