Ramokgopa says ‘degree of convergence’ reached with NTCSA on unlocking private …

Electricity Minister Kgosientsho Ramokgopa reports that a “degree of convergence” has been reached between his Ministry and the National Transmission Company South Africa (NTCSA) regarding private sector participation in the electricity grid and no further Cabinet approval is required ahead of implementation. Speaking at one of his regular updates on the implementation of the Energy Action Plan, Ramokgopa said Cabinet had given its approval for him to proceed, together with the NTCSA, on finalising a model to unlock private financing for the expansion and modernisation of the grid, which had become an impediment to the integration of new generation capacity.