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Ramokgopa says electricity package for ferrochrome smelters to include ‘significant concessions’

# Electricity and Energy Minister, Kgosientsho Ramokgopa has confirmed that government is finalising an electricity package for the ferrochrome sector that goes beyond the negotiated pricing agreement framework available to other electricity-intensive enterprises. Speaking during a briefing Ramokgopa said the industry had raised the negative impact that high electricity tariffs were having on the viability of the smelters, and that he had, thus, secured Cabinet approval to enter into negotiations with the industry alongside Eskom. He said such approval was required, because the intervention involved “significant concessions”.