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Published 8 months ago

World Bank gives Eskom the nod for transmission company

Summary by Ground News

The World Bank has given its consent for the establishment of the National Transmission Company. As part of its unbundling into three entities, Eskom requires consent from its lenders. Eskom said the World Bank approved the legal separation of its transmission division. The power utility plans to move ahead with the separation of the transmission company.

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World Bank gives Eskom the nod for transmission company

One of Eskom's major lenders, the World Bank, has given its consent for the legal separation of the national transmission company.

8 months ago·South Africa

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World Bank gives consent for Eskom’s separation plans

The transmission company will facilitate the creation of a transparent platform for the competitive trading of electricity in SA

8 months ago·Johannesburg, South Africa

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