Ghana’s southern power distribution company, ECG, has disconnected two Indian steel companies from the national grid for owing millions of cedis in electricity bills.
The companies are Fabrimetal and Star Steel Limited, all owned by foreigners.
Fabrimetal owes Gh¢28million in electricity bills while Star Steels Limited owes Gh¢10million.
The power distribution company started a nationwide revenue mobilisation last Monday, March 20, 2023 and the exercise is expected to end on April 20,2023.
The ECG hopes to recover about Gh¢5.7billion owed them by industries in the West African nation.
According to a report filed by Accra based Citi FM, when the task force visited the Star Steel Company, the manager was willing to settle its GH₵10 million debt but pleaded to pay GH₵4 million instantly and GH₵6 million the following day.
The report said the taskforce rejected it and subsequently moved to disconnect the factory from the national grid.
When contacted on phone, Manager of Star Steels Limited denied that the company had been disconnected.
He said the company is still using electricity from the national grid.
Source: https://energynewsafrica.com