Demand for future borrowings to pay power producers for today’s COVID-19-induced freebies is likely to exacerbate the country’s already precarious debt profile and push Ghana into a sovereign financial crisis if adequate measures are not taken, Dr. Jerry Kombat Monfant, President of MBIC Group – a management and strategy consulting...
SUNON ASOGLI POWER GHANA LIMITED AND GRIDCO COMPLETE US$5.3M PROJECT TO BOOST GHANA’S POWER SUPPLY
Sunon Asogli Power Ghana and Ghana Grid Company have completed a US$5.3m project to increase power transmission capacity in the country. The project, which commenced full-scale operation on Saturday April 18, 2020, involves the installation of a 200MVA Autotransformer to facilitate evacuation of about 120MVA additional generation capacity from the...
Bui Power Authority backs Ghana Covid-19 Private Sector Fund with GH¢50,000
The Bui Power Authority has donated GH¢50,000 to the Ghana Covid-19 Private Sector Fund, to support the construction of a 100-bed infectious disease isolation and treatment facility in Accra. Corporate Affairs Manager for the Bui Power Authority, Cherie Lawson Adamu, handed over a cheque to the Managing Trustee of the...