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medupi


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…


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…


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…


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…