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South Africa's Eskom seeks finding for nuclear plant expansion
South Africa's state-owned power utility Eskom is in exploratory talks with international lenders to help fund a new multi-billion-dollar nuclear build programme.
South Africa's Eskom seeks finding for nuclear plant expansion
Eskom has expressed optimism that the expansion of South Africa's nuclear plant would minimise reliance on coal energy. / User Upload

South Africa's state-owned power utility Eskom is in exploratory talks with the World Bank to help fund a new multi-billion-dollar nuclear build programme that could be launched within 12 months, a senior Eskom official said on Wednesday.

Eskom, which operates Africa's only operational nuclear power station close to Cape Town, is in the process of preparing a request for information for up to 5,200 megawatts of new nuclear generation capacity.

South Africa wants baseload generation capacity as the country diversifies its energy mix away from coal-fired plants that supply most of the electricity.

SOURCE:reuters