Minister Gives Go-ahead For Revised Eskom Unbundling Plan

10 Hour(s) Ago    👁 103
minister gives goahead for revised eskom unbundling plan

Electricity and Energy Minister Kgosientsho Ramokgopa has approved Eskom Holdings revised unbundling strategy, marking a further step in the restructuring of South Africas electricity supply industry in line with the Electricity Regulation Amendment Act ERAA.

The approval, supported by the Eskom Board, confirms the next phase of Eskoms separation and provides clarity on the future roles of transmission ownership, system operation and market operation.

Under the approved strategy, transmission assets will remain with the National Transmission Company South Africa NTCSA, which operates as a subsidiary of Eskom Holdings and will continue to expand and maintain the national grid. At the same time, the ministry will initiate the legal and regulatory processes required to establish a fully independent transmission system operator TSO outside the Eskom Group, the Department of Electricity and Energy says.

Disclaimer: We are a news aggregator. See full disclaimer here.