Power utility Eskom Holdings expects clarity early this year around the start of its independent transmission unit, which still awaits licence approvals and the sign-off of creditors. Separating the business, with generation and distribution arms to follow, is part of the company’s strategy to return to profitability. Eskom signed a legally binding agreement with the new subsidiary, though a number of steps remain before the process is complete.
from Engineering News | Home https://ift.tt/3sSJFSN
