'Construction of power stations going well'
Eskom says it is managing to stay within its budget with the construction of new power stations.
CAPE TOWN - Eskom on Tuesday said it was managing to stay within its budget with the construction of three new power stations.
Eskom officials were giving feedback to the energy portfolio committee in Parliament on the construction of various new power stations.
The energy giant started the construction of the three power plants in 2005.
The delegation's presentation was a thorough as it could be.
Eskom said it is crucial for the committee to get an understanding of progress made in its expansion plan and the problem it faces.
The power utility's Paul O'Flaherty said more than R300 billion would be invested in the company's infrastructure over the next five years.
The Medupi Power Station should come online in 2013, Ingula in 2014 and Kusile in 2015.
O'Flaherty emphasised everything was on track, but added there have been challenges.
He said tough economic times have affected some of those involved in the programme.