June 30, 2020 / 11:00 AM / 5 days ago

BRIEF-SA's Eskom Welcomes High Court Judgement On Eskom Review Application On Regulatory Clearing Account

June 30 (Reuters) - South Africa’s Eskom:

* WELCOMES HIGH COURT JUDGEMENT ON ESKOM REVIEW APPLICATION ON REGULATORY CLEARING ACCOUNT FOR FINANCIAL YEARS 2015 TO 2017

* AWAITS JUDGEMENT OF MISAPPROPRIATION OF EQUITY INJECTIONS OF R69BN IN NERSA REVENUE DECISIONS FOR FY 2020 TO 2022

* WILL NOW BE IN POSITION TO RECOVER PRUDENT AND EFFICIENT COSTS THAT WERE INCURRED IN FINANCIAL YEARS 2015 TO 2017

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