RE: Prediction checker31 Oct 2020 17:22
LionelGreen - Great post, made me smile.
Going back to Eskom and the contract. We have to remember the situation on the ground in SA, in a nut shell its crap for most South Africans. The world bank have loaned the funds to Eskom as they are finacially fxxk for a better word.
"Eskom Holdings SOC Ltd has received financing for an the amount of US$ 406M, some serious chicken feed - This is for phase 1 of the BESS (800MWh) is divided it into three main packages for the seven (7) sites. The consultant will be responsible to provide engineering and project management support and legal services to the client on the following packages.
The total Scope of works includes all civil works, interlinking roads, and Battery management systems, a collection system, fibre-optic communication, BESS foundations, Firefighting, HVAC systems and commissioning of the BESS'
Eskom have to, literally get away for coal and get into solar which is happening. Eskom infrastructure is a mess, its falling apart due to a lack of investment, corruption and a lot of the 'old guys' have left. For Bushveld not to be involved, not to get contracts from Eskom, not to be the flagship supplier, if that happened I would eat my flip flop! South Africa does not work that way, there are reason why the make up of the BoD includes Dolly Mokgatle, ex employee of Eskom on numerous levels.
There is a zulu saying, 'Do not speak of a rhinoceros if there is no tree nearby' effectitvley means back up what you are going to do. For me, Eskom is a done deal, there is enough language from the board to tell me all is going to plan.