Eskom welcomes Nersa’s green light for its transmission company

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Eskom welcomes Nersa’s green light for its transmission company: Eskom has welcomed the decision by the National Energy Regulator of South Africa [Nersa] to issue the National Transmission Company South Africa (NTCSA) with a licence to operate the…

Eskom has welcomed Nersa's decision to grant its subsidiary, the National Transmission Company South Africa, a licence to operate the transmisison system.Eskom has welcomed the decision by the National Energy Regulator of South Africa [Nersa] to issue its wholly owned subsidiary, the National Transmission Company South Africa [NTCSA], with a licence to operate the transmission system.

The power utility said on Monday the legal separation of Eskom into three entities — namely generation, distribution and transmission — is a strategic objective and key aspect of Eskom’s turnaround plan envisaged in the department of public enterprises’ “Roadmap for Eskom in a reformed electricity supply industry”.

Eskom said the transmission licence decision marked a significant milestone in the legal separation process of the transmission division.It said the granting of the requisite operating licences to NTCSA was one of the key dependencies required to enable the operationalisation of the transmission company.The licence, associated licence conditions and reasons for decision will be issued by Nersa in due course.

 

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