Stefanutti submits more claims against Eskom for expert review

JSE-listed multidisciplinary construction group Stefanutti Stocks has advised shareholders that it has submitted an overarching preliminary and general cost claim, as well as a subcontractor overarching preliminary and general cost claim, of R337-million and R193-million, respectively, in relation to the Kusile power project. In addition to a construction cost claim of R438-million and a finance cost claim of R171-million, the total of all provisional claims submitted to the experts is R1.14-billion.
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Nersa granted extension to make final decision on Eskom revenue application

The High Court of South Africa (Gauteng Division) has granted the National Energy Regulator of South Africa (Nersa) an extension, to January 12, to make the final decision on Eskom’s revenue application for the 2023/24 financial year. The regulator was previously required to make a decision by December 24.
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