GRIDCo signs €250-million pact to retool grid

Ghana has secured €250 million to retool its entire electricity grid. The project will also cover the expansion of the system to prepare it for possible power evacuation to neighbouring countries. The Ghana Grid Company Limited (GRIDCo), which will implement the project, signed a memorandum of understanding (MoU) to that...

CIPDiB congratulates ECG on significant revenue collection

Mr. Elikplim Kwabla Apetorgbor, Chief Executive Officer, CIPDiB. The Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDiB) has congratulated the Electricity Company of Ghana (ECG) for its  significant jump in their revenue collection last week. The ECG last week on its confidential recording sheet, collected GHC147 million as...

ECG records highest revenue despite challenges in takeover

The Electricity Company of Ghana, (ECG) despite a host of challenges since the return of its distribution services from PDS netted a record level revenue last week, according to reports. After recent changes at the top management level of the institution to further improve performance and consistency, revenue collection is...

IPPs Worried Over GHS11 billion Power Sector Debts

Ghana’s power sector may collapse if the mounting debt is not addressed anytime soon. Information available to energynewsafrica.com indicates that the debts owed to independent power producers, who contribute 2500MW, have ballooned to GHS11billion within the last few weeks. The development, sources say is making it difficult for the IPPs to operate...