Audio By Carbonatix
Fabrimetal manufacturing company has been taken off the national grid by the Electricity Company of Ghana (ECG).
The large-scale iron steel manufacturing company owed the power distribution company ¢28 million in electricity bill debt over a five-month period.
The ECG taskforce team said the disconnection has become necessary because the company has refused to make any payment.
B5 Plus Steel company
Earlier this morning, the task force team made a stop at the B5+ steel company in Tema, after the company swayed the ECG yesterday by offering a post-dated ¢20 million check.
B5+ steel company currently owes ECG ¢48 million debt. The company was forced to cough up some ¢20 million in part payment to avert having been disconnected.
According to the External Communications Manager of the ECG, Laila Abubakari, the team "had to generate an invoice for them this time around to make sure that they pay."
"So, we instructed them to go straight to the bank and make the payment right away, and we will receive the alert on our phones. If by the time we return from our other rounds and they do not pay, we will be compelled to take them off," Laila added.
Some concerns raised by the companies visited include the high cost of production, and high import levies due to the cedi depreciation, among others.
But reacting to the concerns, Laila Abubakari noted that "the ECG understands these concerns but the fact of the matter is that, we are also a company who need these monies to pay our bills.
"In any case, this is a power that they have already consumed to produce their materials, most of which they have already exported out of the country."
The exercise continues to other companies.
Latest Stories
-
We’ll try to keep taps running, but not 24/7 – GWCL on new 15.92% approved tariff
59 minutes -
We’ll do our best to keep the lights on – ECG assures despite tariff shortfalls
1 hour -
Egypt’s FA wants World Cup ‘Pride Match’ plans cancelled
2 hours -
Suspect in custody after student killed in Kentucky university shooting
4 hours -
Kounde scores twice to give Barcelona victory at Camp Nou
4 hours -
Chelsea’s qualification hopes hit by a loss at Atalanta
4 hours -
Fifa accused of breaching own rules with Trump award
4 hours -
Big result for Slot and Liverpool with no Salah in Milan
4 hours -
The Inconvenient Truth: Deliverism not the Barracks must hold Africa together
4 hours -
We’ll work with what we have to please our customers – ECG assures after tariff cutback
4 hours -
Desert bloom: Israeli organic farmers’ innovation turn arid land into thriving oasis
5 hours -
French PM Sebastien Lecornu wins crucial budget vote
5 hours -
Zaha in Ivory Coast AFCON squad but Adingra left out
5 hours -
Messi wins historic back-to-back MLS MVP awards
5 hours -
More clubs could face European expulsion after UEFA ruling
5 hours
