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Bloomberg
The head of South Africa’s state power utility held discussions with the World Bank as it explores options for transitioning from coal-fired stations to cleaner sources of energy.
Eskom Holdings SOC Ltd CEO  Andre de Ruyter travelled to the bank’s headquarters for the talks. The power utility supplies more than 90% of the country’s electricity, the bulk of it from coal.
“The Eskom CEO visit was part of ongoing engagement that the bank carries out with counterparts in country and in Washington, including on proposed projects,†though none have been finalised, a spokesperson for the lender said. De Ruyter was expected to “meet the World Bank and have discussions about funding,†the energy transition and related projects
the utility is working on,
Eskom spokesman Sikonathi Mantshantsha said. No further details were provided.
The World Bank has supported earlier Eskom projects including granting it a
$3.75 billion loan in 2010 for Medupi, a 4,764 megawatt coal-fired station.