Eskom, which has implemented power cuts due to coal shortages and poor plant performance, said it wants the government to take on $7 billion of its debts.
Eskom Mining News
Eskom, which supplies more than 90 percent of the nation's power, has warned of potential power outages amid low coal inventories after a major supplier cut supplies and sought insolvency protection.
Namibia's long-delayed Kudu gas-to-power project, seen as key to boosting electricity security in the southwest African country, might not be viable.
The state-owned utility is seeking coal for seven of its plants that are facing shortages after supply disruptions from Gupta family-controlled mines.