Smelters’ agreement again in spotlight

2012-10-23 00:00

ESKOM wants the National Energy Regulator (Nersa) to look at the “special pricing agreement” between the power paratstatal and BHP Billiton Aluminium Southern Africa.

The 16% increase will need Nersa approval before being implemented. Dames said the reason for the proposed electricity price hikes is linked to rising coal costs, among other influences. The parastatal is currently rolling out its R337 billion build programme over the next five years, which includes two new power stations, as the country grapples with critical electricity capacity shortages.

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