But that still only happens over one set of power cables, from the PDB. The post you replied to described using a separate PSU with separate component power cables to power specific components. Current sharing in server PSUs is handled by every PSU equally powering all of the components.
Edit: For example, in a 3+1 redundant setting, 3 PSUs would be active and contributing toward 1/3 of the total load current each; 1 PSU would be in cold standby, ready to take over if 1 of the others fails or is taken offline.