The 225kv transmission line from Man in Cote d'Ivoire to Monrovia- Liberia has been constructed and energized. The General Manager of TRANSCO CLSG, Mohammed Mulibah Sherif has disclosed. He added that three out of five substations in Liberia, including Yekepa, Buchanan and Mount Coffee substations have been completed and fully...
Energy Sector Debt Is a Key Risk to Ghana’s Post-Pandemic Debt Trajectory
Stable Outlook but Risks to Public Finances Fitch Ratings expects that Ghana’s general government debt will continue to rise in 2021 and 2022 due to high pandemic-related spending and the realisation of energy sector liabilities. In our base case, we expect debt to plateau at about 75% of GDP from...
TOR: 3-member interim management committee sworn in after firing of MD and deputy
The Minister for Energy, Dr. Matthew Opoku Prempeh, has sworn into office a 3-member Interim Management Committee (IMC) to oversee the affairs of the Tema Oil Refinery as part of efforts to restructure and revamp the refinery. The Chairman of the 3-member IMC is Mr. Nobert Cormla-Djamposu Anku. The other...
Togbe Afede XIV seeks cooperation with the West African Power Pool Secretariat in Benin
Togbe Afede XIV and his investment partners – Shenzhen Energy Group sought audience with the Secretary General of the West Africa Power Pool to explore opportunities for cooperation in the development of the viable WAPP Priority Generation Projects. The Secretary General, Siengui Apollinaire, on behalf of the Secretariat expressed so...
Sunon Asogli to enter the Liberian Power Industry
Togbe Afede XIV, the Agbogbomefia of the Asogli State and Co-Founder and Director of Sunon Asogli Power Ghana Limited have led a four-member investment and technical team to Monrovia, Liberia, to negotiate a deal in the power generation sector of the country. Explaining what Sunon Asogli can offer to the...
Petrol, Diesel To Hit Almost GHS6 Per Litre Tomorrow
Ghana’s downstream petroleum regulator, the National Petroleum Authority (NPA) has directed Oil Marketing Companies (OMCs) to increase the prices of petrol and diesel effective May 1, 2021. The Government of Ghana introduced Sanitation and Pollution levies of 10 pesewas each on a litre of diesel and petrol and 20 pesewas...
Karpowership Ghana donates food items to Muslim community in support of Ramadan
Karpowership Ghana has donated food items to the Muslim Community in Sekondi-Takoradi in support of Ramadan. The donated items include bags of rice, cartons of vegetable oil, milk, canned fish, among others. Presenting the items, Corporate Communications Specialist of Karpowership Ghana, Sandra Amarquaye, said the gesture is “a mark of...