Eskom is not surprised by national energy regulator Nersa’s decision to approve only one of three licences needed to finalise the establishment of the National Transmission Company, it says.

The restructuring of Eskom’s transmission division into a stand-alone entity is an important step in liberalising the electricity market in SA and attracting private sector financing to upgrade and expand the transmission network, which will conservatively require an investment of about R210bn over the next 10 years...

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