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Eskom gets R4bn loan from KfW to upgrade grid

Engineering News – ONLINE

08 April 2015

South African utility Eskom Holdings has received a R4-billion ($339-million) loan from KfW to help modernise its power grid, Germany’s State-controlled development bank said on Wednesday. The loan will be used to connect solar and wind power plants to Eskom’s power network and help to secure supply in a country that has been beset with almost daily power outages, KfW said.  Read more here…

 

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