Major win for Eskom’s split into three companies

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Major win for Eskom’s split into three companies
Argentina Últimas Noticias,Argentina Titulares

Eskom welcomed Nersa’s decision to issue a licence for the National Transmission Company South Africa to operate the country’s transmission system.

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The National Energy Regulator of South Africa has issued a licence for the National Transmission Company South Africa to operate the country’s transmission system.

It said the legal separation of Eskom into three companies is a key aspect and strategic objective of Eskom’s Turnaround Plan, as envisaged in the Department of Public Enterprises’ “Roadmap for Eskom in a reformed electricity supply industry”. . Its establishment could allow independent power producers to compete directly with Eskom’s generation division.

Department of Public Enterprises spokesperson Ellis Mnyandu said the NTCSA would act as a single buyer with purchasing power from Eskom generation and IPPs that sell to Eskom distribution, municipalities, and large power users.

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