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...
‘Dumsor’ is never coming back – Energy Ministry to Kwabena Donkor
7th April, 2022 The Ministry of Energy has reacted to a recent comment by Dr. Kwabena Donkor, a former Minister of the sector, that the power outage crisis popularly referred to as "dumsor" will return if urgent steps were not taken. In a press statement dated April 7, 2022, issued by the...
Tariff increase not an option for ECG – Energy Minister
20th April, 2022 The Minister of Energy, Dr. Matthew Opoku Prempeh, has indicated that tariff increases for the Electricity Company of Ghana are not an option for now. Rather, he said, the company was being encouraged to cut down on its losses as well as put in the necessary mechanisms...
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...