ERB TAKES ENFORCEMENT ACTION AGAINST SEVEN COMPANIES, RECOVERS OVER K387, 000
Energy Regulation Board (ERB) says it has taken enforcement action taken against seven companies and recovered over K387, 000 for breach of license conditions and non-payment of outstanding liabilities.
Board Public Relations Manager, Namukolo Kasumpa said this follows comprehensive compliance audits and regulatory oversight aimed at ensuring adherence to the mandated operational standards as prescribed by the Energy Regulation Act.
“A total of K387, 448.65 was recovered from Dana Oil Corporation Limited, Star Oil Corporation Limited, LBM Transport Limited, Amico Investment Limited and Elect Power Technologies Limited for outstanding Licence Fees, Strategic Reserve Fund and Fuel Marking Fees.”
“Additionally, following legal proceedings against Exxon Petroleum Limited in the High Court for Zambia, the Court ruled in favour of the ERB, granting a default judgment due to Exxon Petroleum Limited’s failure to appear or file a defence. Exxon Petroleum Limited has since fully settled the outstanding amount of K620,444.17,” Mrs. Kasumpa stated.
Mrs. Kasumpa added that Puma Energy Zambia Limited was reprimanded for Failure to exhibit a well-documented complaint handling procedure at its Dedan Kimathi Service Station.
She urged all energy companies to regularly review their compliance status and take necessary remedial actions.
“The ERB remains committed to upholding the highest standards of safety, operational efficiency, and regulatory compliance within the energy sector. These enforcement actions highlight the ERB’s resolve to ensure that all licensed entities comply with their license conditions and operate within the framework of the Energy Regulation Act.”
“The Board will continue to proactively monitor and enforce compliance and will not hesitate to institute enforcement action against any erring licensees in order to promote an efficient and transparent energy sector that ensures public safety and protects consumers,” she added.
