Eskom’s transmission company up and running soon, says Makwana

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

Eskom’s transmission company should be up and running by the third quarter of 2023, according to the utility’s board chair Mpho Makwana.

on Thursday. Once the transmission company is fully operational, he said, it should aid in bringing new players into the energy market, he said.

The unbundling of Eskom into three separate units — transmission, generation and distribution — was announced by Presidentin 2019 during his State of the Nation address. Delays in the utility’s unbundling has attracted widespread criticism, as the intervention is viewed as key to reforming the country’s energy market.

The investment conference, the last in a five year cycle, takes place as South African consumers and businesses endure another bout of stage sixThe country’s energy crisis will be a key subject at Thursday’s conference, as investor confidence continues to be tested by difficult economic conditions. During his opening address, Ramaphosa assured investors that the energy sector remains a foremost priority for his administration. He and other speakers at the conference, including the ANC’s head of economic transformationLast month, presidency official

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So the goal-post is bring shifted again...how cANCerously predictable👏🏿👏🏿👏🏿

After the failure of the division of SAA, PRASA and Transnet the country is continuing with the same mistake on Eskom. Something is not adding up

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Eskom sees separate transmission company in operation by third quarterRegulator’s approval and consent from lenders expected this month, chairperson Mpho Makwana says
Source: BDliveSA - 🏆 12. / 63 Read more »