7th June, 2022 The National Energy Transition Committee has in the past few days engaged several targeted stakeholders in its bid to seek input towards the development of a National Energy Transition Plan. This follows regional public consultations in all the 16 regional capitals, after the Vice President, Dr. Mahamadu...
MCC, Ghana complete $316 million power compact
The U.S. government’s Millennium Challenge Corporation (MCC) has announced the completion of the five-year, $316 million MCC-Ghana Power Compact, celebrating a partnership that created a more "effective, sustainable, and inclusive power sector in Ghana". In a statement issued last Monday, the Deputy Chief Executive Officer, MCC, Mahmoud Bah said, “Today,...
Ghana must address high cost of electricity to businesses – MCC
The Millennium Challenge Corporation (MCC) has reiterated the need for Ghana to work hard and reduce the cost of electricity to businesses. The corporation made the call after it injected $316 million into Ghana’s electricity distribution sector through the Power Compact deal. Currently, Ghana has one of the highest electricity...
Electricity tariff for commercial, industry too expensive; let’s change tariff structure – Opoku Prempeh
The Minister of Energy, Dr. Matthew Opoku Prempeh has suggested a change in Ghana’s current tariff structure to boost industrialization in the country. According to him, the end-user tariffs for commercial and industrial sectors of the economy are relatively higher and punitive when compared to tariffs in other developing countries...
Listen to Dr. Elikplim K. Apetorgbor Address PURC on Tariff Increment
Dr. Elikplim Kwable Apetorgbor, Chief Executive Officer of the Chamber of Independent Power Producers, Distributors and Bulk Consumers (CiPDiB) was present at the public hearing on the Multi-Year Major Tariff Review in Accra. Listen to his extensive contribution at the Forum in the video below
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...