Eskom restructuring takes crucial step

In a crucial step in the broader plan to restructure Eskom, the energy regulator has approved two licences that were outstanding for the establishment of the National Transmission Company of SA.

In July, the National Energy Regulator of SA (Nersa) approved the transmission licence application, which will allow the new company to act as the transmission operator for the national grid. On Monday, Nersa announced further approval for the company’s trading and import-export licences...

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