DocumentOngoingMedia statement

Eskom Notes Nersa Approval Of Interim Concessionary Pricing Framework For Ferrochrome Smelters

ESKOMRef: https://www.eskom.co.za/eskom-notes-nersa-approval-of-interim-concessionary-pricing-framework-for-ferrochrome-smelters/

Official source

Source domain: eskom.co.za

Collected on 13 July 2026

Always confirm details on the official source before acting.

What this means

This is an Eskom media statement dated 29 May 2026 noting that NERSA approved an amended Negotiated Pricing Agreement (NPA) framework for participating ferrochrome smelters, including an interim concessionary pricing arrangement. Eskom says its application was submitted on 10 April 2026 and that public consultation and hearings were held on 25 May 2026. The statement explains that agreement durations differ (five years for Samancor Chrome and three years for the Glencore-Merafe Venture) but that core contractual terms, pricing mechanisms, and risk-sharing are consistent, and it emphasises the framework does not add recovery from standard tariff customers or taxpayers.

What this document offers

Read out of this document by Govermate's AI, in its own words. Each one quotes the line it came from — confirm on the official source before acting.

energy pricing concessionOngoing

Interim Concessionary Pricing Arrangement for Ferrochrome Smelters

Eskom has secured approval from NERSA for an interim concessionary pricing arrangement that provides reduced electricity rates to participating ferrochrome smelters. This arrangement is part of a broader negotiated pricing agreement designed to support the sustainability of the ferrochrome industry while maintaining financial stability for Eskom and avoiding additional cost burdens on standard tariff customers or taxpayers.

Who it is for: participating ferrochrome smelters in South Africa
How to act on it: No direct action required by applicants; the arrangement is implemented through formal agreements between Eskom and the participating smelters following regulatory approval.

The document's recorded date is 10 April 2026. Confirm on the official source.

Facts

Reference

https://www.eskom.co.za/eskom-notes-nersa-approval-of-interim-concessionary-pricing-framework-for-ferrochrome-smelters/

Key Takeaways

Document: Eskom media statement
Date: 29 May 2026 (Friday, 29 May 2026)
Regulator: National Energy Regulator of South Africa (NERSA)
Decision: approval of amended Negotiated Pricing Agreement (NPA) framework
Includes: interim concessionary pricing arrangement for participating ferrochrome smelters
Eskom application submitted: 10 April 2026
Public consultation/hearings held: 25 May 2026
Agreement duration: five years for Samancor Chrome; three years for Glencore-Merafe Venture
Stated impact: no additional tariff recovery from standard tariff customers or taxpayers; revenue variance ring-fenced
Stated requirements: no additional government fiscal support; includes equitable upside-sharing linked to market performance
Named executive: Dan Marokane (Group Chief Executive)
Eskom Holdings SOC Ltd
National Energy Regulator of South Africa (NERSA)
Samancor Chrome
Glencore-Merafe Venture
Dan Marokane
Department of Electricity and Energy
National Treasury