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...
‘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...