07 January 2020 - NW1709
Dlamini, Mr MM to ask the Minister of Public Enterprises
Whether the Eskom generation entity will be 100% state-owned; if not, what is the position in this regard; if so, what are the relevant details?
Accordingly to the information received from Energy Team
The Eskom Generation entity will remain 100% state owned under Eskom Holdings consisting mainly of the current power plant base, which will be separated into a number of feasible smaller generation units.
Consideration for the creation of multiple generation companies (GENCOs) within Eskom Generation is currently under examination with the aim of introducing inter-company competition and drive efficiencies in generation. Each power station will have its own Power Purchase Agreement with predefined, fixed and guaranteed tariffs for energy with the Transmission Entity.