Eskom meets deadline for splitting up - next stop, getting a licence from Nersa

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Munispaliteite skuld Eskom R38,4 miljard. Foto: Getty Images
Munispaliteite skuld Eskom R38,4 miljard. Foto: Getty Images

Eskom, which is splitting off its transmission business, must meet two conditions before the new company can trade: obtain a licence from the National Energy Regulator of SA (Nersa), and get consent from certain of Eskom’s lenders. 

The National Transmission Company (SA) was registered last year as a state-owned entity and a wholly owned subsidiary of Eskom.

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