Eskom buys power from private producer

first_imgThe company also revealed that it is in negotiations with potential South African lenders for a refinancing of up to US$20-million (about R148-million) of its own inter-company funding of the Newcastle plant. The loan facility was secured from the Sterling Trust Limited, a UK-based private investment company, and is repayable within 90 days of drawdown. According to Ipsa, the loan will be repaid out of the revenues received at the Newcastle plant. “The last year was a period of continued difficulty in the South African power industry as Eskom struggled to re-arrange its finances and to meet its obligation to sign contracts with independent power producers for the provision of privately generated electricity,” said Ipsa chairman Richard Linnell. According to the company, the plant is expected to generate electricity for nine days toward the end of the month, subject to obtaining the necessary approvals for the loan. In the meantime, the plant has continued to incur both direct costs of employing staff as well as rent, rates, rates and gas supply liabilities of a normal, fully constructed power plant. “I am pleased that our Newcastle plant can be brought into operation so quickly in order to make a small contribution towards relieving the strain on the South African electricity system at this critical time,” Ipsa CEO Peter Earle said in a statement last week. The company’s Newcastle plant is the first Independent Power Producer (IPP) plant to be built in South Africa, but has been lying idle as Eskom had yet to finalise power purchase agreements with any independent producers. Local refinancing Ipsa, which is listed on London’s AIM and the JSE’s AltX markets, also announced the arrangement of a short-term loan facility of £300 000 (about R3.3-million) to restart generation at its gas-fired power plant in Newcastle, KwaZulu-Natal. Integrated energy policy SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo material “Now at last we seem to be sensing the first signs of an integrated energy policy for South Africa which includes IPPs at its heart.” In addition, the Sterling Trust will also receive warrants to subscribe for 300 000 new ordinary shares at a price of 15 pence per share, exercisable within 24 months. London-listed power producer Ipsa has concluded a short-term agreement to sell electricity – generated at its plant in KwaZulu-Natal – to South African state company Eskom for the remainder of the month of June. 21 June 2010last_img read more

How to Discover Your Intrinsic Motivation

first_img Essential Reading! Get my 3rd book: Eat Their Lunch “The first ever playbook for B2B salespeople on how to win clients and customers who are already being serviced by your competition.” Buy Now I have noticed something about people who have an intrinsic motivation. They either faced adversity when they were young or they know what they want now. Not everyone who faces adversity is intrinsically motivated, some find excuses where others find the way forward. And not everyone knows what they want, even if they are four or more decades into their lives.Let’s focus only on not being motivated because you don’t know what you want.I saw this quote go by on social media that said something about this not being a dress rehearsal for your life. This is your one and only life, make of it what you will. And that is my point here: you need to make your life what you will. It’s yours to do with what you wish.Drift NotThere is a certain class of people I describe as drifters. They resemble a piece of wood that is drifting along with the current of the river, first this way and then that, pushed along and being taken for a ride. Because they haven’t determined for themselves what they want their life to be, they settle into to an uninspiring life of mediocrity and comfort.These drifters are alive, but they are not really living. If you ask to see their goals, they will not be able to produce them. They wait for the week to end, looking forward to Fridays and dreading Mondays. They have a job, but they do not have work, something they do with passion.You end up a drifter when you don’t know what you want. I mean really know what you want.Intentional DesignWhat do you want your life to look like? What do you want to do? Who do you want to become? If you don’t decide these things for yourself, you will continue to drift, going where other people and external forces take you.You can be more, do more, have more, and contribute more. But not until you answer the questions as to who you want to be, what you want to do, what you want to have, and how you want to contribute. No one can do this work for you, and if you lack motivation it is because you haven’t done the work to design the life you want and put the effort into building it.Designing your life is intentional. It is not the product of a series of happy accidents.A Single QuestionThe question you have to answer to find your motivation is, “What do you want?” When you answer this question honestly, you will have found the source of your motivation. If the answer doesn’t motivate you, then it isn’t what you want. And you may be drifting.So, what do you want?last_img read more

NCAA Season 93’s Best 7: Week 8

first_imgMOST READ Streaking Ginebra outlasts Star in OT NATO’s aging eye in the sky to get a last overhaul Trump signs bills in support of Hong Kong protesters LATEST STORIES For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. With the collegiate season in full swing, INQUIRER lists the week’s top seven performers in the ongoing NCAA Season 93 men’s basketball tournament. From their game statistics to their overall impact in the outcomes, everything is weighed to come up with the best players from the week that was.ADVERTISEMENT Don’t miss out on the latest news and information. Forty-five games done, and it seems like the battle lines have already been drawn.Lyceum and San Beda have established control of the field, but the rest of the pack are not far behind, with leaders already gearing up for the homestretch of the eliminations come the second round.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingHowever, we must first put the spotlight on the first round as last year’s Final Four teams took center stage and rounded out their schedules.Here’s our list of this week’s top performers. Celebrity chef Gary Rhodes dies at 59 with wife by his side 1. Javee Mocon – F, San Beda Red Lions19 points, 14 rebounds, 3 assists, 2 steals, 1 blockLast Week: N/APhoto by Tristan Tamayo/INQUIRER.netHard work pays off, especially for Javee Mocon.Playing second fiddle behind leader Robert Bolick all season long, the versatile forward finally gained his share of the spotlight as he helped San Beda close out the first round on a seven-game winning streak.Mocon may not get the lion’s share of the limelight for the Red Lions, but there’s no doubt that his contributions are largely to blame for his side’s ascent this NCAA season.2. Robert Bolick – G, San Beda Red Lions23 points, 6 rebounds, 2 assistsLast Week: N/AADVERTISEMENT 5. Kent Salado – G, Arellano Chiefs26 points, 2 rebounds, 2 assistsLast Week: N/APhoto by Tristan Tamayo/INQUIRER.netKent Salado could just carry so much for the Arellano.Despite the speedster’s best efforts, he still can’t stop the Chiefs from losing five of their last six games to finish the first round.One thing going Arellano’s way, though, is the week-long break, giving Salado, coach Jerry Codiñera, and the rest of the team to reassess their standing as they seek to make a huge run in the second round.6. Christian Buñag – C, Mapua Cardinals15 points, 21 reboundsLast Week: N/APhoto by Tristan Tamayo/INQUIRER.netWhen one door closes, another one opens.Luckily for Christian Buñag, the injuries abound the Mapua lineup led to him racking up consistent double-doubles through the course of the first roundUnfortunately, those stats aren’t translating to wins, and Buñag needs more help to validate the numbers he’s pouring for the Cardinals.7. Jed Mendoza – G, JRU Heavy Bombers12 points, 5 rebounds, 2 assistsLast Week: N/APhoto by Tristan Tamayo/INQUIRER.netAnother strong showing from Jed Mendoza results to another win for JRU.The first-year playmaker has proven that he’s no one-game wonder, emerging as a solid contributor for Meneses’ rotation after the first round.center_img Sports Related Videospowered by AdSparcRead Next Robredo should’ve resigned as drug czar after lack of trust issue – Panelo Celebrity chef Gary Rhodes dies at 59 with wife by his side Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Lacson: SEA Games fund put in foundation like ‘Napoles case’ Photo by Tristan Tamayo/INQUIRER.netWhat a way for Bolick to cap off the first round.Allowing his teammates to step up in the past few games, the swingman finally took the baton and torched the net early in San Beda’s 95-70 thumping of Arellano, getting his baskets in the first half to set the tone for the blowout.The game may have been billed as a Finals rematch, but just like in last year’s championship duel, Bolick remains to be the Chiefs’ bane and made the Red Lions no match for the opposition.3. Aaron Bordon – G, JRU Heavy Bombers17 points (8/14 FG), 4 assistsLast Week: N/AAaron Bordon. Photo by Tristan Tamayo/ INQUIRER.netCoach Vergel Meneses continues to stumble on surprise contributors for Jose Rizal University, this time, unearthing Aaron Bordon.The transferee from Cavite State University stepped up and tallied a career-best 17 points to provide the offensive boost for the Heavy Bombers in their close 68-59 escape of Mapua.If Bordon sustains his form, it shouldn’t be a surprise that JRU can hold on to its standing and move on once again to the Final Four.4. Donald Tankoua – C, San Beda Red Lions15 points, 5 rebounds, 6 assists, 1 blockLast Week: N/AAaron BordonSlowly but surely, Donald Tankoua is getting his groove back.Evoking memories of last season’s Finals, the Cameroonian big man churned out his best outing in the first round as San Beda once again got the better of Arellano on Tuesday.The signs are promising, and if Tankoua continues this tear, there’s no doubt that the Red Lions can also sustain this winning run. Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Hotel says PH coach apologized for ‘kikiam for breakfast’ claim If Mendoza continues this stretch in the second round, things may continue looking up for the Heavy Bombers. View commentslast_img read more

#KicksStalker: Superstition? CJ Perez switches kicks in tale of 2 halves

first_imgSEA Games: Biñan football stadium stands out in preparedness, completion SEA Games hosting troubles anger Duterte The former Lyceum star said he was nervous and overly excited at the same time to begin the game and that played a role to him getting off to rough start.Call it superstition but his spellbinding show in the second half may have been also due to the fact that he actually changed his sneakers during halftime.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool starsThe 25-year-old Perez wore Russell Westbrook’s Why Not Zer0.2 in the first half where he struggled with just two points and then, went with the Nike Kobe AD Exodus in the last two quarters, where he just took over.Columbian rookie CJ Perez wearing the Russell Westbrook Why Not Zer0.2 in the first half against San Miguel Beer. PBA IMAGES🎥 CJ Perez mag-isa, DINAKDAK na sa fastbreak!#PBALabanKungLaban pic.twitter.com/4h3X8OCG2K— PBA (@pbaconnect) January 18, 2019While Perez announced his arrival in the PBA, another guard in Kevin Alas of NLEX reintroduced himself also on Friday night.ADVERTISEMENT Private companies step in to help SEA Games hosting LOOK: Joyce Pring goes public with engagement to Juancho Triviño LOOK: Joyce Pring goes public with engagement to Juancho Triviño TS Kammuri to enter PAR possibly a day after SEA Games opening LATEST STORIES Trending Articles PLAY LIST 00:50Trending Articles01:29DOH kicks off nationwide polio vaccination drive00:50Trending Articles02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Rajon Rondo returns to Lakers practice, LeBron James back next weekcenter_img Is Luis Manzano planning to propose to Jessy Mendiola? CJ Perez’s much-anticipated PBA debut did not disappoint after he led Columbian Dyip to a stunning win over the perennial all-Filipino champions San Miguel Beermen in the 2019 Philippine Cup Friday  at Cuneta Astrodome.Perez, the top overall pick in last month’s draft, dazzled with 26 points, 24 of which came in the second half.ADVERTISEMENT MOST READ Alas appeared in his first game in 10 months after being sidelined with an ACL injury.The 27-year-old Alas returned in the PG 2.5 “Fresno State.” He played 29 minutes off the bench and contributed 12 points, four assists and one steal.NLEX guard Kevin Alas returns in the PG 2.5 “Fresno State” against Rain or Shine. PBA IMAGESRain or Shine had a triumphant season debut after beating NLEX behind a total team effort. Among those who helped the Elasto Painters in the win was veteran big man Beau Belga, who hooped in the Air Jordan 11 “Concord” and backed it up with an all-around game.Belga had a near triple-double effort of nine points, seven rebounds and seven assists in a 96-87 victory.Rain or Shine big man Beau Belga in the Air Jordan 11 “Concord” against NLEX. PBA IMAGESADVERTISEMENT Don’t miss out on the latest news and information. SEA Games: Biñan football stadium stands out in preparedness, completion Sports Related Videospowered by AdSparcRead Next View commentslast_img read more

Ray Parks returns, Alab Pilipinas extends win streak to 6

first_imgLATEST STORIES Sports Related Videospowered by AdSparcRead Next PDEA chief backs Robredo in revealing ‘discoveries’ on drug war Private companies step in to help SEA Games hosting SEA Games hosting troubles anger Duterte ‘We are too hospitable,’ says Sotto amid SEA Games woes US judge bars Trump’s health insurance rule for immigrants Kyrie Irving, Celtics outlast Thunder in thriller MOST READ FILE – Photo from ABLMANILA, Philippines—Ray Parks returned and Alab Pilipinas continued its winning ways after a 111-87 whipping of Saigon Heat in the 2019 Asean Basketball League Sunday night at Lapu-Lapu Sports Complex in Cebu.Parks, the reigning two-time Local MVP, collected 23 points and seven assists in his first game back after missing three games due to a groin injury.ADVERTISEMENT PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Oil plant explodes in Pampanga town The 25-year-old Parks had an efficient shooting night, going 8-of 12 from the field. The 6-foot-4 guard also became the 16th player in the ABL to reach 1000 career points.Reinforcements Renaldo Balkman and PJ Ramos were dominant anew as both combined for 59 points and 25 rebounds to lead Alab, which stretched its winning run to six games and hiked its league-best record to 12-2, including 10-0 at home.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesRamos had 30 points and 18 rebounds while Balkman had 29 points, seven rebounds and five assists.Alab raced to an early double-digit lead before closing out the Heat (10-7) with an 11-3 blast at the midway mark of the fourth quarter. ‘We are too hospitable,’ says Sotto amid SEA Games woes Grace Poe files bill to protect govt teachers from malicious accusations Don’t miss out on the latest news and information. View commentslast_img read more

Matic calls for quicker VAR decisions

first_imgManchester United Matic calls for quicker VAR decisions: ‘It needs to take 30 seconds’ Dejan Kalinic 13:43 2/19/18 FacebookTwitterRedditcopy Comments(0) Nemanja Matic OLI SCARFF Manchester United Huddersfield Town v Manchester United FA Cup After more controversy surrounding the use of replay, the Manchester United midfielder called for the system to pick up the pace Manchester United midfielder Nemanja Matic insisted he was happy to see the video assistant referee (VAR) system used, but he wants it to be quicker.A Juan Mata strike was ruled out by VAR during United’s 2-0 win over Huddersfield Town in the FA Cup on Saturday, but only after a substantial delay and a technical issue. AdChoices广告Matic, 29, said he wanted the VAR to be part of the game, but the Serbian midfielder was unhappy with how long it took to make the decision. Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player “We saw the goal and we are not sure it was offside but the referee made a decision and they saw it on TV and we are happy that we scored again and that’s it,” he said.”We just waited for the referee’s decision. “We knew that he waited for the people to see it on TV, to analyse it, but it was a little bit strange because you have to wait two minutes to see what happened, but it’s okay. Sometimes it’s good, sometimes it’s not.”I like it [VAR]. I think it will be better for football, they just have to do it a little bit quicker because we waited so long for the decision. Two minutes is a long time on the pitch but I think, overall, it will be good for football.”It’s normal that referees make mistakes every game and they can refer it to TV, but it needs to be quicker.”They have to do it in 30 seconds because, after two minutes, we are cold and this is the only problem. Other than that, I like it.”A brace from Romelu Lukaku helped United past Huddersfield as they moved into the quarter-finals.Manchester United will face Brighton in the FA Cup quarter-finals and are still alive in the Champions League as well, where they face Sevilla in the round of 16.last_img read more