• Penalties were imposed following enforcement hearings, at which the offending licensees were accorded an opportunity to be duly heard.
• WWW Investment Limited and Chingases Company Limited were levied a fine of K75, 000 each.
• Total Energies Zambia and Admire Energy Limited where fined K45, 000 each with Vivo Energy Zambia being fined K24,000.
Energy Regulation Board (ERB) has fined eight energy companies a total of K408, 000 for failure to comply with prescribed license conditions.
Board Manager-Public Relations Namukolo Kasumpa said the penalties were imposed following enforcement hearings, at which the offending licensees were accorded an opportunity to be duly heard, but that they were found wanting.
Mrs. Kasumpa explained in a statement that two of the companies WWW Investment Limited and Chingases Company Limited were levied a fine of K75, 000 each for operating without the necessary license, contrary to the Energy Regulation Act No. 12 of 2019.
“The Licensees are WWW Investment Limited for operating without a license to transport petroleum products and Chingases Company Limited for engaging in the retail of Liquefied Petroleum Gas (LPG) without a license.”
“In addition, Total Energies Zambia and Admire Energy Limited where fined K45, 000 each with Vivo Energy Zambia being fined K24,000 all for operating with retail service stock outs without written notification to the ERB,” Mrs. Kasumpa stated.
She added that Mount Meru Petroleum Limited was also fined K45, 000 for failure to conduct licensed activity in accordance with the conditions, standards, and regulations, while North-Western Energy Corporation (NWEC) was fined K30, 000 for failure to resolve compliance anomalies in accordance with the ERB Directive, with Minegases Company Limited being fined K45,000 for failure to comply with regulations, standards, guidelines and procedures relating to quality and reliability of supply and service as well as failure to comply with a directive of the ERB.
“The imposition of these fines underscores ERB’s commitment to enforcing license conditions and maintaining regulatory standards. It serves to discourage non-compliant behavior and promotes an efficient and transparent energy sector that ensures public safety and protects consumer interests.”
“It serves to discourage non-compliant behavior and promotes an efficient and transparent energy sector that ensures public safety and protects consumer interests,” she added.
Mrs. Kasumpa further stated that the country’s energy regulator has since directed all licensed companies operating in the sector to adhere to their license conditions and set regulatory standards.