Bloomberg News

Eskom Pays 200 Million Rand on Kusile Delay, Financial Mail Says

October 26, 2011

Oct. 26 (Bloomberg) -- Eskom Holdings SOC Ltd., the state utility that supplies most of South Africa’s power, paid 200 million rand ($25.1 million) to settle about 240 claims related to delays at its Kusile power station, Financial Mail said, citing a consortium of contractors.

The contractors include Wilson Bayly Holmes-Ovcon Ltd., Group Five Ltd., Basil Read Holdings Ltd. and Stefanutti Stocks Holdings Ltd., according to the Johannesburg-based weekly magazine.

To contact the editor responsible for this story: Renee Bonorchis at rbonorchis@bloomberg.net


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