Gordhan says unforeseen complexities have caused delays in executing the restructuring of Eskom.
An aerial view of Kriel Power Station run by state electricity utility Eskom in Delmas, in the Mpumalanga province, South Africa, May 22, 2023.In a written reply to Democratic Alliance MP Mimmy Gondwe, Gordhan says the Board of Eskom and the new management team have been directed to speed up the processes.
He says the Generation Division was functionally separated in March 2021. An internal Divisional Generation board was appointed and ring-fenced financials and reporting are in place. On the transmission side, the National Transmission Company of South Africa was established as a wholly owned subsidiary of Eskom.
The Minister says the National Energy Regulator of South Africa has approved and issued licenses to the NTCSA for operating, trading, as well as, importing and exporting electricity. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
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