Revocation of Licences
The Energy Market Authority has revoked the following licence:
Revocation of Virtuse Group Pte Ltd's Electricity Retailer Licence with effect from 29 September 2017
The Energy Market Authority has revoked Virtuse Group Pte Ltd's Electricity Retailer Licence (Licence No. EMA/RE/017) with effect from 29 September 2017. The licence was revoked after Virtuse Group Pte Ltd failed to pay the annual licence fee for Financial Year 2017 (1 April 2017 to 31 March 2018) in accordance with "Condition 13: Payment of Fees" of the licence. No electricity consumer has been affected as Virtuse Group Pte Ltd has not commenced retail operations in Singapore.
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