The World Bank has granted its consent to the proposed legal separation of the Transmission Division from South Africa’s state-owned power utility, Eskom Holdings, to the National Transmission Company South Africa (NTCSA).
Eskom’s acting group CEO, Calib Cassim, said the World Bank’s consent marked a significant milestone in advancing the utility’s turnaround plan and contributing towards a sustainable resolution of the country’s energy crisis.
For more information, please see https://www.iol.co.za/business-report/economy/world-bank-grants-consent-to-legal-separation-of-eskoms-transmission-company-64273bb0-1900-4bc1-ba60-832a10966c64
