Eskom unbundling horizon shifts by at least two years
New timeline for split into three entities
04 June 2020 - 05:10
Power utility Eskom has pushed out the time frame for its unbundling by at least two years and no longer has a firm target date for the full legal establishment of the three subsidiaries the process will create.
The splitting up of the company into three parts — generation, which will own the power stations; transmission, which will own and manage the national grid; and distribution, which are wires and poles that connect consumers to the grid — is seen as crucial to overcoming its operational and financial difficulties...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.