New S.African power plant to lift GDP 0.35%: minister - CNBC Africa

New S.African power plant to lift GDP 0.35%: minister

Southern Africa

by Reuters 0

South Africa's new Medupi power plant is expected to add 0.35 per cent to gross domestic product. Getty Images

This is according to public enterprises minister Lynne Brown told parliament on Tuesday.

(WATCH VIDEO: Government to bail out Eskom)

State power utility Eskom announced that the first unit of the new coal-fired plant would link up with the grid on December 24, a sign that the delayed project is finally on track for completion.

 

 

Comments