Back to Newsroom
South Africa's Eskom gets $180 mln NDB loan for renewable energy
18 April 2016

JOHANNESBURG (Reuters) - The New Development Bank said on Monday South African power utility Eskom would get $180 million in assistance for renewable energy projects, part of a package of $811 million in green energy loans it approved last week.

A spokesperson for the bank said the Eskom projects would involve transmission lines to carry 670 MW of generation and 500 MW worth of renewable energy projects involving independent power producers.

( Reporting by Ed Stoddard; Editing by Stella Mapenzauswa )

Original Article :