medupi

  • Chimney Failure Takes Out Unit at Kusile, One of World’s Biggest Coal Plants

    A severe failure on a duct exiting the sulfur dioxide absorber at Unit 1 of Eskom’s massive coal-fired 4.8-GW Kusile power plant, which is under construction in Mpumalanga province, South Africa, has shuttered the 800-MW unit and delayed Unit 2’s return to service. Eskom on Nov. 2 announced the section of the Kusile 1 flue […]

  • Hitachi Exiting MHPS; MHI Will be Venture’s Sole Owner

    Japanese technology conglomerate Hitachi will withdraw from Mitsubishi Hitachi Power Systems (MHPS), a joint venture it established in 2014 with another power equipment giant, Mitsubishi Heavy Industries (MHI), over a dispute stemming from construction of two massive defect-ridden coal plants in South Africa. Under a Dec. 18-announced settlement reached by MHI and Hitachi, Hitachi will […]

  • Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’

    Eskom, South Africa’s state-owned utility that produces nearly 90% of the African powerhouse’s electricity, is saddled with liabilities, unavoidable expenses, and stranded costs that exceed $113 billion, and for various reasons, it is “fundamentally insolvent, permanently impaired, and will never be a true going concern enterprise under its current legal, operational, and governance structure,” concludes […]

  • Financially Flailing Eskom Scrambles to Complete Defect-Ridden Coal Plants

    South Africa’s state-owned utility Eskom was forced to slash 2,000 MW on a rotational basis nationwide on Oct. 16 and Oct. 17. The newest round of power cuts—the first in nearly seven months—highlight the state-owned utility’s scramble to avert financial disaster stemming in part from the fast-tracked construction of two 4.8-GW coal-fired power plants: Medupi […]

  • First Unit of Long-Delayed, Behemoth Medupi Coal Plant Inaugurated

    Power-strapped South Africa on Aug. 30 celebrated the inauguration of its first new power plant in 20 years, putting online Unit 6 of Eskom’s long-delayed 4.8-GW Medupi facility. Construction of the $7.89 billion power plant near Lephalale in Limpopo province was begun in 2007, but completion has been paralyzed by a number of mishaps, including […]