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.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: News24 - 🏆 4. / 80 Read more »