Settle Your $900 Million Indebtedness-IPPs To ECG

The Electricity Company of Ghana’s (ECG) indebtedness to the Independent Power Producers (IPPs) in the Republic of Ghana has ballooned to $900 million as of the end of the first quarter of this year. This was revealed by the Chief Executive Officer of the Chamber of Independent Power Producers, Distributors...

PURC establishes two Regulatory Audit Units

2nd April, 2022 The Public Utilities Regulatory Commission (PURC) has established two Regulatory Audit Units. This was made known by Dr. Ishmael Ackah, the Executive Secretary of the Commission, during a two-day workshop for Social Accountability Actors on the Electricity Tariff Setting Process in the country. Dr. Ackah indicated that...

GH¢3.2bn losses weigh heavily on ECG

20th April, 2022 Technical and commercial losses of about GH¢3.2billion are threatening the future of the state-owned power utility, Electricity Company of Ghana (ECG), and the electricity value chain, says Energy Minister Dr. Matthew Opoku Prempeh. The company’s losses in current exchange terms amount to over US$400million and stem from...