South Africa’s Eskom to create separate transmission entity by 2021

South African state-owned power utility Eskom Holdings SOC Limited (Eskom) is on track for unbundling its transmission arm and establishing a separate entity by December 2021. …

As per the restructuring roadmap presented in November 2019, the vertically-integrated utility plans to unbundle into three separate utilities each, for generation, transmission and distribution, by the end of 2022. The three power companies, post the unbundling, will remain under a state-owned Eskom holding. Over the years, Eskom has been dealing with severe financial stress and has not been able to provide a steady power supply. The creation of the new transmission entity will also drive a more transparent approach to electricity tariffs.

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