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May 22, 2008

Eskom's coal dilemma

Eskom almost pulled off one of the finest financial finessing moves of the decade - but the parastatal's plans now appear to have been spiked.

The national electricity supplier seemed to have everything going its way when it approached the National Energy Regulator of South Africa (Nersa) recently with an emergency appeal for a 53percent hike in tariffs.

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Posted by StaffWriter at May 22, 2008 11:10 AM