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In 1948 Eskom bought out the Victoria Falls and Transvaal Power Company with government support for £14.5 million (roughly equivalent to £2.55 billion in 2017) to become South Africa's primary electricity provider. Eskom dropped its non-profit mandate in the late 1970s and government control over the company was expanded in 1998 with the ...
On the 19th December 2001, the National Energy Regulator of South Africa (NERSA), granted City Power a licence to trade. In 2022, it took over the electricity distribution functions from Eskom to Soweto and parts of Johannesburg, including Sandton , Orange Farm , Finetown, Ivory Park and Diepsloot ; Eskom was previously responsible for ...
[198] [199] Eskom has a proposal before the National Energy Regulator of South Africa (Nersa) to hike electricity prices by a rumoured 44% for the 2024/2025 financial year [200] The state-owned enterprise has applied for total revenues of R446bn for the 2026 financial year, R495bn for the 2027 financial year and R537bn for the 2028 financial ...
The Sri Lanka Electricity Act, No. 36 of 2024 is a landmark legislative act enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka. Certified on 27th June 2024, the Act introduces substantial reforms to the electricity industry in Sri Lanka, aiming to improve efficiency, attract investment, and promote the use of renewable energy sources.
On 13 January 2023, NTCSA applied to the National Energy Regulator of South Africa for transmission, import/export and trade licences. [3] [4] [5] In July 2023, the transmission licence was granted. [6] In September 2023, the trading and import/export licences were granted. [7] On 1 July 2024, NTCSA began trading with Eskom and independent ...
On 25 February 2016, the entire country of Sri Lanka experienced a 3-hour blackout due to a bolt of lightning striking the national power grid. [18] On 13 March 2016, Sri Lanka experienced another 7-hour island-wide blackout due to a damaged transformer in the 220 kV substation at Biyagama.
The Online Safety Bill, which passed with 108-62 votes, aims to “make provisions to prohibit online communication of certain statements of fact in Sri Lanka” and “prevent the use of online ...
LECO partnered with the University of Moratuwa to begin a microgrid pilot project in Sri Lanka with financial assistance from the Asian Development Bank.The aim of the project is to contribute to Sri Lanka's stated target of 70% of power generation through renewable sources by 2030. 32,411 rooftop solar units have already been installed in the country as of April 2021, with a total capacity of ...