Electricity Regulation Act, 2006 (Act No. 4 of 2006)

Chapter VII : General Provisions

34A. Establishment, duties, powers and functions of Transmission System Operator SOC Limited

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(1) Subject to section 35C(1), the Minister of Public Enterprises must establish a juristic person to be known as the ‘‘Transmission System Operator SOC Limited’’ in order to provide an open market platform that shall allow for competitive electricity trading.

 

(2) The duties, powers and functions of the Transmission System Operator SOC Limited referred to in subsection (1) shall include the following:
(a) To be a transmitter;
(b) system operation;
(c) to be a market operator; and
(d) to be a central purchasing agency.

 

[Section 34A inserted by section 28 and 31(e) of the Electricity Regulation Amendment Act, 2024, Notice No. 5139, GG51100, dated 20 August 2024 - effective 1 January 2025 per Proclamation Notice 236 of 18 December 2024 with exceptions]