Re­stric­tions on elec­tric­ity sup­ply

The Star Early Edition - - COMPANIES -

COPPERBELT En­ergy Cor­po­ra­tion (CEC), Zam­bia’s main sup­plier of power for its mines, con­firmed yes­ter­day that it has re­stricted the amount of elec­tric­ity it sup­plies to Glen­core unit Mopani Cop­per Mines (MCM) be­cause of a dis­pute over tar­iffs. Mopani said on Sat­ur­day that it has sus­pended op­er­a­tions in cer­tain ar­eas af­ter CEC re­stricted power sup­ply to its mines in both Kitwe and Mu­fulira. The gov­ern­ment in April pro­posed in­tro­duc­ing a flat tar­iff of US9.3 cents per kW/h, back­dated to Jan­uary, for min­ing com­pa­nies, in­stead of in­di­vid­u­ally ne­go­ti­ated rates that have av­er­aged 6c kW/h, but min­ing com­pa­nies op­posed the plan. “To date, MCM has re­jected the in­dus­try-wide tar­iff in­cre­ment and sought to con­tinue to pay for the elec­tric­ity they con­sume at the old tar­iff,” CEC spokesper­son Chama Ns­abikaKal­ima said.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.