Eskom lowers full-year sales forecast as flows to industry taper

Engineering News 20 November 2012.

State-owned electricity utility Eskom reported sales of only 110 766 GWh in the six months to September 30, 2012, a decline of 2.9% when compared with the 114 043 GWh recorded during the same period in 2011.

The utility also lowered its full-year sales forecast to 219 342 GWh from 222 083 GWh, owing to the prevailing low-growth environment in South Africa. In the year to March 31, 2012, Eskom sold 224 785 GWh, which itself was only 0.2% higher than that recorded in the previous year…

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