Eskom Treasury

Tariff reopener possible after Cabinet outlines Eskom support package

Engineering News, 15 September, 2015.

The Cabinet-approved support package for Eskom has reaffirmed that tariff adjustments “remain the key mechanism that will provide the electricity supply industry with asustainable solution”, but it also included a further allocation of funds – no figure was provided for this “equity injection”, which would be funded through “leveraging nonstrategic government assets”.

No mention was made in the plan, though, of any disposal of Eskom assets, as speculated at one point.

In a statement released by the National Treasury on Sunday afternoon, it was indicated that government would support Eskom’s application to the National Energy Regulator of South Africa (Nersa) for “tariff adjustments in line with the regulatory process”…

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