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ZESA hands over defaulters to lawyers to recover $572 million

by Staff reporter
19 Aug 2016 at 07:58hrs | Views

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has handed over some of its defaulting customers owing $572 million to lawyers as it intensifies efforts to recover money owed by users.

A transmission and distribution unit of Zesa Holdings, ZETDC says it is owed $1 billion by its customers.

Zesa spokesperson Fullard Gwasira said that the measures currently underway were in line with its credit control policy and had been necessitated by the need to sustain the prevailing stable power supplies to its valued consumers.

Gwasira added that it was prudent customers appreciated the need to pay for their consumption to maintain security of supply.

Zimbabwe is generating an average of 1 200MW against demand, which sometimes peaks to 2 200MW.

Source - newsday
More on: #Zesa, #Lawyers, #Debt