EIUG urges members to apply for relief under negotiated pricing agreement framework

The Energy Intensive Users Group of Southern Africa (EIUG) has welcomed the ‘Short-Term and Interim Long-Term Negotiated Pricing Agreement (NPA) frameworks’ approved by the Department of Mineral Resources and Energy (DMRE) and is encouraging its members to apply for these opportunities where applicable. Through previous NPAs, industrial and mining companies that rely heavily on electricity for production have secured favourable tariffs, typically indexed to the price of the commodity being produced and usually for a time-defined period.