Former CEO Koko gives the EFF's plan to save Eskom a thumbs up

Former CEO Koko gives the EFF's plan to save Eskom a thumbs up

- Former acting CEO Matshela Koko has publicly voiced his support for the EFF's plan to save Eskom

- Deputy President of the EFF, Floyd Shivambu, posted a five-point plan in an opinion piece

- Koko called the plan rational and sensible

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Recently, Floyd Shivambu, the deputy president of the EFF (Economic Freedom Fighters) published a five-point plan on how to save the embattled national energy provider, Eskom.

The plan was well received by the former acting CEO Matshela Koko who said that it was "rational and sensible".

Here is Shivambu's five-point plan:

“Eskom should standardise all coal prices and only pay the prices determined by the National Energy Regulator of South Africa (Nersa).
“Eskom should fundamentally review all power purchase agreements (PPAs) with independent power producers (IPPs) with the aim of exiting these nonsensical contracts.
“The government should assemble a highly skilled panel of engineers from all over the world to investigate the delays in the completion of the two major power stations, Kusile and Medupi.
“The government should issue requests for proposals from private developers of nuclear power stations, which should necessarily use a build, operate and transfer model to illustrate how they will use their own money to construct nuclear stations, operate them for a period not exceeding 25 years, transfer skills and thereafter hand over to the state.
“The government should massively invest in renewable energy projects.”

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Briefly.co.za learned that Koko has recently voiced his opinion of Eskom saying that he does not agree with the measures being taken by President Cyril Ramaphosa and the Minister of Public Enterprises Pravin Gordhan.

The former CEO has even gone as far as to say that the recent announcement that load-shedding has returned is possible a conspiracy according to the citizen.co.za.

Briefly.co.za recently covered a story on the EFF calling for the CEO of Eskom, Jabu Mabuza to be removed.

Cosatu has also criticised the governments plan to power SA will fail if the power utility is not fixed.

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Source: Briefly.co.za

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