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.