Investors have been waiting to see whether South Africa would actually follow through on real energy sector reform.
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The transmission operator will own the assets outright, reversing a plan approved by the energy minister in December.
The fight over who owns South Africa’s transmission grid has burst spectacularly into the open.
The appointment reflects Eskom’s push to compete for customers as South Africa’s electricity market is liberalised.
South Africa’s wholesale power market was set to launch on 1 April – that date has now slipped.
Eskom board chairman Mteto Nyati says the utility’s new renewables entity is about long-term survival.
Eskom has launched Eskom Green and advanced its unbundling plan, paving the way for a more competitive electricity market.
NTCSA has won regulatory approval to run South Africa’s new power market, advancing key electricity sector reforms.
South Africa is running out of power lines to transmit electricity from new projects, an official has reiterated.
National Transmission Company South Africa has named the contractors that will help “accelerate infrastructure roll-out”.