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
-
Carabao Cup fourth-round draw: Liverpool to host Chelsea as Arsenal drawn away to League Two Fleetwood
7 minutes -
Mbappe, Vini and Konate obscure Real’s Ceuta message
8 minutes -
Reggie Rockstone named Unichem Ghana brand ambassador
15 minutes -
Man United lose to Brighton from 2-0 up to end 50-year record
17 minutes -
Man United lose to Brighton from 2-0 up to end 50-year record
19 minutes -
Petrol and diesel price rises push UK inflation higher
29 minutes -
City of David Foundation donates to Koforidua Hospital, Koforidua Prison
31 minutes -
AMA says Konkomba traders were consulted ahead of Agbogbloshie 24-hour market project
1 hour -
Let’s pilot Chinese in public schools before scaling up – EduWatch
1 hour -
Ghanaian tech professionals develop SMS-based AI tool for non-smartphones
2 hours -
MTN@30: Three customers drive away brand-new Land Cruiser Prado in Kumasi
2 hours -
If BOST made GH¢684m profit, why use NPA Bill 2026 to weaken it? – IERPP questions Gov’t
2 hours -
NPP alleges executive, administrative confusion over Arabic, Chinese language policy
2 hours -
Minority accuses AMA of targeting Konkomba Yam Market in planned demolition over 24-hour market
2 hours -
Ghana struggles to raise local funds for delayed cocoa season as investors demand higher returns
3 hours