Companies like power utilities are confronted by a challenge of ageing of plant systems and equipment. The impact of obsolescence in power utilities affects both the availability and reliability of the system. This paper is aimed at presenting the result of the research conducted within the South African power utility company on the subject of obsolescence management. The study used both qualitative and quantitative research to collect and analyse data. The result of the study indicated the deficiencies in the management of obsolescence within power utility. The lack of awareness and funding was cited as the primary challenge in the management of obsolescence within the power utility. The study recommends that obsolescence management should form part of the business strategy, reviewed and be audited like other business processes.