NTCSA starts process to appoint interim CEO as Scheppers returns to Eskom
The National Transmission Company South Africa (NTCSA) has announced that interim CEO Segomoco Scheppers will conclude his secondment and return to State-owned Eskom.
He had been seconded to lead the transition and operationalise the NTCSA business in July 2024 owing to his extensive experience in Eskom’s transmission division.
Scheppers served at the NTCSA while the executive search process was under way to appoint a permanent CEO for the subsidiary.
While he had been shortlisted for the permanent role, the NTCSA board has not yet identified the candidate to lead the business into its next phase, the NTCSA said.
“The NTCSA and Eskom boards are committed to expediting the executive search and securing the appointment of a CEO who will navigate the complexities of operating in a competitive energy market,” it added.
A formal announcement will be made in due course regarding the appointment of an interim CEO of NTCSA to maintain the continued execution of the strategy, including bringing an accelerated Transmission Development Plan, ongoing operational unbundling activities as required by legislation and establishing a fair, competitive market for electricity.
“We owe Segomoco a debt for the skills he brought to bear to take the transmission business to a point of separation and creating the NTCSA as a wholly owned subsidiary of Eskom.
“The NTCSA serves as an important catalyst in the country's evolving energy supply industry and ending the vertical integration business model for the benefit of consumers,” said NTCSA chairperson Priscillah Mabelane.
Scheppers played a critical role in delivering the NTCSA that is designed to provide the benefits of the Electricity Regulation Amendment Act.
The Act paves the way for the necessary reforms in South Africa’s electricity sector, including the establishment of a competitive electricity market that will contribute meaningfully to South Africa’s energy security and inclusive economic development, she said.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation