Eskom to hive off transmission business in 2025

a presentation on Thursday that its transmission company will be operational by the first quarter of its 2025 financial year.

President Cyril Ramaphosa announced in 2019 that the debt-laden utility would be split into three divisions — generation, transmission and distribution — to improve management of a company that has relied heavily on government bailouts and frequently implements nationwide power cuts. has implemented its worst-ever power cuts this year, largely due to breakdowns in its ageing coal-fired power plants.The government energy committee aims to bring 21GW of additional power online between 2023 and 2026. It will buy 3.4GW from neighbouring countries by 2026, Eskom said in its presentation. —

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Eskom says transmission company to be operational by 2025Eskom has implemented its worst-ever load shedding this year, largely due to breakdowns in its ageing coal-fired power plants.
Herkunft: Moneyweb - 🏆 5. / 77 Weiterlesen »

South Africa's Eskom says transmission company to be operational by 2025South Africa's state power utility Eskom said in a presentation on Thursday that its transmission company will be operational by the first quarter of fiscal year 2025.
Herkunft: ReutersAfrica - 🏆 31. / 53 Weiterlesen »

Eskom says transmission company to be operational by 2025South Africa's state power utility Eskom said in a presentation on Thursday that its transmission company will be operational by the first quarter of fiscal year 2025.
Herkunft: SABCNews - 🏆 37. / 51 Weiterlesen »