The amendments will provide electricity price relief aimed at preserving thousands of jobs, sustaining industrial production and preventing further decline in one of the country’s key export sectors.
The National Energy Regulator of South Africa (Nersa) has approved a series of amendments to Eskom’s negotiated pricing agreements with major ferrochrome producers.
This will provide electricity price relief aimed at preserving thousands of jobs, sustaining industrial production and preventing further decline in one of the country’s key export sectors.
Nersa on Friday announced that it had approved amendments to Eskom’s agreements with ferrochrome producers Samancor Chrome and the Glencore-Merafe Chrome Venture, as well as a temporary concession for Transalloys’ manganese ferroalloys smelter operations.
The approvals follow applications by Eskom and months of consultations involving government departments, industry stakeholders and affected companies.
