A 250%+ cost overrun, you call that success?
Medupi Likely delay in first synchronisation of Unit 6 Daily Maverick
Cost overruns
The cost initially approved by the Eskom board for the construction of Medupi was
R69,1 billion (excluding flue gas desulphurisation and interest during construction), and
R80,6 billion for Kusile (including flue gas desulphurisation and excluding interest during construction).
The final costs to completion for both Medupi and Kusile are still uncertain, but are currently estimated at
R154,2 billion and
R172,2 billion respectively (including flue gas desulphursation, interest during construction and settling of outstanding contractor claims).
Further cost increases resulting from interventions and time overruns at Medupi and Kusile are expected to be announced in the next few weeks.