08:17 18Mar08 RTRS-SAFRICA'S ESKOM [ESCJ.UL] SAYS MAY HAVE TO INFORM MINES, BIG CUSTOMERS OF FORCE MAJEURE IF MORE GENERATORS TRIP 08:26 18Mar08 RTRS-S.Africa's Eskom says force majeure possible
JOHANNESBURG, March 18 (Reuters) - South Africa's electricity utility Eskom [ESCJ.UL] said on Tuesday it may have to inform mines of a force majeure if more of its generators trip, Eskom spokesman Andrew Etzinger told Johannesburg's Talk Radio 702.
"There is a concern that if we see additional trips we will once again have an unstable grid and we will have to inform the mines and other major industrial customers of a force majeure situation," he said.
ya, it is a legal loop hole out of a contract (usually until the issue is resolved then the loop hole closes). Of course in this case the cause of the problem is lack of power, and that's Eskom's fault ? So not really sure how they can claim Force Majeur ?
For the last 12 years those who have taken over the previous government have been resting and enjoying the forward infrastructure planning of the previous administration. They just assumed that this wonderful state of utopia would continue indefinitely. The ANC's government's inability to do forward planning is really quite disgraceful.
It was not only the ANC who decided to privatise Eskom, thereby not allocating the needed funding. Other political parties also agreed by voting that the best way forward would be to privatise Eskom. Unfortunately no private company would want to buy a utility that sells electricity at one of the cheapest rates in the world. Ironically some of the politicians who are now pointing fingers at the ANC were the ones sitting there voting for Eskom privatisation and decreased funding.