The National Energy Regulator of South Africa (NERSA) welcomes the granting of leave to appeal against the High Court of South Africa (Gauteng Division) judgement of 28 July 2020, which substituted the Energy Regulator’s decision on Eskom’s fourth Multi-Year Price Determination (MYPD4) with its own.
In granting the leave to appeal, Judge Kathree-Setiloane indicated that the High Court of South Africa (Gauteng Division) is of the view that there are reasonable prospects of success that another court would come to a different decision. The appeal will be heard by the Supreme Court of Appeal. The matter is of critical importance to the electricity supply industry and the economy of South Africa, as well as for the creation of certainty to investors.
Enquiries:
Mr Charles Hlebela
Head of Communications
Tel: 012 401 4600
Fax: 012 401 4700
Cell: 083 646 8280