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THE Energy Regulation Board (ERB) has fined seventeen energy companies a total of K585, 000.00 for breaching licence conditions
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ERB acting public relations manager Chibulu Musonda says the seventeen companies had beached the license condition by failing to submit financial returns for the period 2018 to date and operating a service station without a license.
Mr Musonda said the entities had fined K30, 000 each for failure to submit financial returns.
Mr Musonda said the companies that have been punished included Karan Investments, Ndola Lime Company Limited, Simba Energy Limited, Alpha Enterprises Limited and Gold Mobil Limited, among others Mr Musonda stated Uno Energies had been fined K45, 000 for variation of site layout without authority from the ERB while Lushomo Service Station Limited had been fined K75,000 for operating a service station without a Licence .
He has since directed all licensed companies operating in the energy sector to ensure they adhere to their licence conditions as well as set standards in order to ensure that they remain compliant at all times
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