Zambia power firm restricts power supply to Vedanta unit
Monday, 22 September 2014
LUSAKA, Sept 21 (Reuters) : Zambia's Copperbelt Energy Corporation, has cut down power supply to the Konkola Copper Mines (KCM) owned by London-listed Vedanta Resources after a dispute over electricity bills, the mining company said on Sunday.
Konkola last week lost a court application to stop Copperbelt Energy, one of the biggest power suppliers to mines in Africa's second largest copper producer, from cutting its electricity over a disputed, unpaid $44 million bill.
"Konkola Copper Mines would like to inform its stakeholders that Copperbelt Energy has started to restrict power supply to KCM following a commercial dispute between the two parties," it said in a statement.