The National Transmission Company South Africa NTCSA and the Industrial Development Corporation IDC have signed a memorandum of understanding aimed at supporting South Africas transmission expansion programme and strengthening local manufacturing capacity for grid infrastructure.
According to the NTCSA, the agreement will focus on project development, execution support and industrial financing for NTCSA-verified suppliers participating in the countrys grid expansion programme.
A joint steering committee will oversee implementation and coordinate agreed workstreams.
