The National Energy Regulator of South Africa has consented to the transfer of Eskom’s powers and duties related to section 34 Power Purchase Agreements with Independent Power Producers to the National Transmission Company South Africa .
The regulator said Eskom’s application for consent to transfer its power and duties — submitted in December 2023 — was a pivotal step of the power utility’s unbundling process. “The transition of the Buyer role for section 34 IPPs from Eskom to the NTCSA is a critical component of this process,” said Nersa.Eskom hit another significant milestone relating to the unbundling process in January 2024 when it announced the appointment of the— Chair of Digital Business at Wits Business School and former group chief operating officer and group chief commercial officer at Telkom.
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.
Source: Fin24 - 🏆 21. / 63 Read more »