Treasury Blocks Eskom Request for Tegeta Coal-Supply Extension

  • Eskom seeks to address coal shortfall between contracts
  • Long-term suppliers to Arnot plant to be named in September

South Africa’s National Treasury denied Eskom Holdings SOC Ltd.’s request to extend a short-term coal-supply contract for the Arnot power plant with Gupta family-controlled Tegeta Exploration and Resources (Pty) Ltd., the electricity producer said.

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