Sboll is Your Go-to Source for the Latest Finance News, Covering Markets, Banking, Investments, Economy and Stocks.
⎯ 《 Sboll • Com 》

Eskom Ramps Up Power Cuts as it Releases Schedule for the Week

2023-11-12 21:51
South Africa’s state-owned utility Eskom Holdings SOC said it will implement so-called stage 1 power cuts — removing
Eskom Ramps Up Power Cuts as it Releases Schedule for the Week

South Africa’s state-owned utility Eskom Holdings SOC said it will implement so-called stage 1 power cuts — removing 1,000 megawatts from the grid — from 4 p.m. Sunday until 5 a.m. on Monday.

The intensity of outages caused by a shortage of generation capacity will increase from that low level to stage 2 from 5 a.m., before rising to Stage 3 from 4 p.m. Monday through 5 a.m. on Tuesday, the company said in a statement on Sunday.

Planned outages will drop to Stage 1 from 5 a.m. to 4 p.m. daily after that, and will remain at stage 3 the rest of the day until Friday.