HomeIndustry SectorsFinance and PolicyEskom Board supports Exco company transformation strategy

Eskom Board supports Exco company transformation strategy

After a two-day board induction session where Eskom’s key performance targets were assessed the company’s Board of Directors led by interim chairperson, Zethembe Khoza, applauded executive management’s overall turnaround strategy.

The South African parastatal noted in a statement that Exco has focused efforts on turning around the company’s operational and financial performance.

Khoza noted that Eskom has not implemented load shedding for the past 23 months, and that the plan was to continue implementing appropriate levels of planned maintenance to ensure long-term plant reliability.

The reduction in unplanned outages contributed to improvements of plant availability and the resultant sharp reduction in the usage of open cycle gas turbines (diesel generators).

Transformation strategy in play

Khoza commented: “In terms of Eskom’s existing Generation Sustainability Strategy, our aim is to achieve 80% plant availability, 10% planned maintenance and 10% unplanned maintenance over the medium-term.

“The adherence to regular scheduled maintenance is managed through the Tetris planning tool which schedules outages based on forecasted demand and maintenance requirements.”

He added: “A key aspect of this includes having a strict winter and summer maintenance budget that comprises 8.5GW for winter and 11.5GW for summer.”

Optimistic welcome

Khoza welcomed the continued drive by Eskom’s interim group chief executive, Johnny Dladla, to meet with all of Eskom’s critical stakeholders, including employees, in an effort to not only share executive management’s vision, but to also understand the needs of these stakeholders. Read more…

On Monday, Dladla, accompanied by his executive management team, met with the company’s senior and middle management stratum and emphasised Public Enterprises Minister Lynne Brown’s and the Board’s mandate and expectations.

Similar engagements with other stakeholders are scheduled for the next few weeks, the utility noted.

Ashley Theron
Ashley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa.