1. Strengthening the power sector, particularly the electricity distribution sub-sector, was a key rationale for private sector participation in ECG. The technical and financial capability of the selected private sector partner would address the need for additional investment in the distribution system complementing the US$500 million that would be provided...
IPPs Worried Over GHS11 billion Power Sector Debts
Ghana’s power sector may collapse if the mounting debt is not addressed anytime soon. Information available to energynewsafrica.com indicates that the debts owed to independent power producers, who contribute 2500MW, have ballooned to GHS11billion within the last few weeks. The development, sources say is making it difficult for the IPPs to operate...
RE: “GOVERNMENT OF GHANA TO COMMENCE COLLABORATIVE CONSULTATION PROCESS WITH IPPs AND GAS PRODUCERS”.
PRESS STATEMENT RE: “GOVERNMENT OF GHANA TO COMMENCE COLLABORATIVE CONSULTATION PROCESS WITH IPPs AND GAS PRODUCERS”. The Press Release, by the Ministry of Finance on the 26th August 2019, on the subject “Government of Ghana to commence collaborative consultation process with IPPs and Gas Producers” refers.The Press Release, which was...
DANGER! ENERGY CRISES LOOM OVER GROWING POWER SECTOR DEBT!
CHAMBER OF INDEPENDENT POWER PRODUCERS, DISTRIBUTORS AND BULK CONSUMERS, GHANA (CIPDIB). DANGER! ENERGY CRISES LOOM OVER GROWING POWER SECTOR DEBT! 1. It would be recalled that the operations of the Electricity Company of Ghana (ECG] came under barrage of criticisms because of perceived inefficiencies which included but not limited to...