BPC Compresses Debtors' Book By P347m

In 2016, the Corporation’s debtors’ book ballooned from P400 million largely due to non-payment of power bills by struggling mining companies choked by the international commodities crunch.

The Corporation’s chief executive officer Dr. Stefan Schwarzfischer noted that they are struggling to collect the outstanding amount adding that the owed money includes the outstanding bills as well as money from customers, which are within the payment period.