NTCSA on track to begin trading on July 1, Marokane says

Eskom CEO Dan Marokane has confirmed that the National Transmission Company South Africa (NTCSA) is on track to begin trading on July 1 and that the new entity was being set up to operate as a fully independent subsidiary even though it would continue to be owned by Eskom Holdings and be located on the Megawatt Park campus. At a briefing hosted to enable Marokane to reflect on his first 100 days and to outline his strategic priorities, the CEO underlined that the NTCSA’s independent board was determined to provide “equal access” to the network as envisaged when the unbundling was initiated.