A new 11-member board has been sworn into office to steer the affairs of the Ghana Chamber of Bulk Oil Distributors (CBOD) for the next three years. The new eleven-member executive board has vast experience in finance, taxation, engineering, corporate governance, accounting, management, marketing and oil and gas. Mrs. Ivy...
We don’t owe GRIDCo any outstanding debt – Enclave Power Company
A private electricity distribution company and a member of the Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDiB), Enclave Power Company has denied owing any outstanding debt to the Ghana Grid Company Limited (GRIDCo). According to the company, a publication on March 26 indicating that it owes the...
Electricity Tarrif to Go Up Significantly Soon – ACEP Predicts
Ghanaians will have to brace themselves up to pay more for electricity consumption, as electricity tariff is expected to go up soon, the African Center for Energy Policy has revealed. This is due to the obsolete equipment that the Ghana GRID Company (GRIDCo) is repairing and upgrading some across the...
Sunon Asogli Power Ghana Limited makes giant strides in Sierra Leone
Sunon Asogli Power Ghana Ltd which is Ghana's biggest Independent Power Producer is making inroads into the West African sub region after making enormous strides in Ghana's power sector. The giant power producer is planning to deploy in Freetown, Sierra Leone, a 20MWp-50MWp Solar PV in one year and another 160MW...
Boost For Ghana-Burkina Faso Transmission Network As EU Approves €9.7 Million Grant For GRIDCo
Ghana’s power transmission company, GRIDCo, has received €9.7 million grant from European Union through the French Development Agency–Agence Francaise Development (AFD) to boost infrastructure works on its interconnection line between Ghana and Burkina Faso. The grant facility will be used to finance the upgrading of an 18km long 161kV transmission...
MiDA Commences Work To Upgrade ECG’s Low Voltage Network In Kwabenya, Complete Other Projects
The Millennium Development Authority (MiDA), the implementing agency for Ghana’s Power Compact II, has signed a contract for the commencement of works to upgrade the Southern power distribution company, Electricity Company of Ghana’s (ECG) low voltage (LV) network in the Kwabenya District in Greater Accra Region. The project, when completed...
IPPs express interest in taking over ECG as new concessionaire
A group of Independent Power Producers (IPPs) has expressed interest in taking over the management of the Electricity Company of Ghana (ECG), nearly 15 months after the government terminated the Concession Agreement with Power Distribution Services (PDS) over allegations of fraud. In a letter written to the Office of the...