Eskom has acknowledged the High Court judgement handed down in the North Gauteng High Court on Monday (10 February) in relation to its application for an urgent relief on the case it brought against the National Energy Regulator of South Africa (NERSA). In the case, the national power utility is seeking the Court to review and set aside NERSA’s decision on its multi-year price determination (MYPD 4). The Court has decided that the matter is not urgent but the merits of the R69 billion will still be heard as Part B of the review process. We are therefore encouraged by the fact that while the judgement says the matter is not urgent, it was indicated that there is merit in our case. We will await the next phase of the court case in order to finalise the recovery of the equity provided by Government that we believe was incorrectly deducted,” ended Cassim.”The Court has indicated that it will assist with expediting the hearing of Part B of Eskom’s application.

Source: The North Africa Journal February 10, 2020 12:45 UTC