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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.

2 years 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

2 years ago·Johannesburg, South Africa

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Leaning Left0Leaning Right1Center1Last Updated2 years agoBias Distribution

50% Center, 50% Right

Bias Distribution

50% of the sources are Center, 50% of the sources lean Right

50% Right

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Business Live broke the news in Johannesburg, South Africa 2 years ago on Tuesday, November 28, 2023.

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