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Indebted Eskom Balks at Power Deal Offered by Turkish Firm

  • Cost and duration of contract viewed by utility as excessive
  • Karpowership set to supply South Africa with emergency power
A Karpowership floating power station.

A Karpowership floating power station.

Source: Karpowership

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Eskom Holdings SOC Ltd., South Africa’s state power utility, doesn’t want to buy electricity from the company that won most of a government emergency-power tender because it’s concerned about the cost and length of the contract, according to two people familiar with the situation.