President Akufo-Addo has issued a directive to curtail the export of electricity to neighbouring countries in response to the ongoing intermittent power outages popularly known as ‘dumsor’. Chairman of the Energy Committee of Parliament, Samuel Atta Akyea, made this revelation on JoyNews’ PM Express on Tuesday. Speaking on the show, Mr Atta Akyea indicated that the directive […]
Tag: Electricity
JUST IN: Govt officially suspends VAT on electricity
The government has officially announced the suspension of the VAT on electricity. Accra, Wednesday, 7th February, 2024… Reference is made to the Ministry of Finance’s (MoF) letter to the Electricity Company of Ghana, Ltd (ECG) and the Northern Electricity Distribution Company (NEDCO) on the above subject dated 12th December 2023; as well as MoF’s Press […]
It’ll be an exercise in futility if tariff increase won’t resolve ECG’s debt accumulation – Kodzo Yaotse
The Policy Lead for Petroleum and Conventional Energy at the Africa Centre for Energy Policy (ACEP), Kodzo Yaotse, has joined calls for the Value Added Tax (VAT) on electricity to be scrapped. The government in its instruction to the Ghana Revenue Authority (GRA) tasked it to collaborate with the Electricity Company of Ghana (ECG) and […]
Prof. Adei slams government’s decision to impose VAT on domestic power consumption, describes it as counterproductive
Economist and former Board Chair of the Ghana Revenue Authority (GRA), Prof. Stephen Adei, is kicking against the newly introduced VAT on domestic electricity consumption. He insists it will worsen the plight of consumers and make businesses uncompetitive. His comments come on the back of a government directive to the GRA to liaise with the […]
Electricity tariffs down by 1.52%, water up by 0.34% for Dec, Jan, Feb
The Public Utilities Regulatory Commission (PURC) has announced new utility tariffs for consumers of electricity and water effective December 1, 2023. The new tariffs, which is for three months, from December 1, 2023 to February 29, 2024, will see that of electricity reduced by 1.52 per cent across the board for all customers, while water […]
Kumasi-Bolgatanga 330kV line commissioned; It’ll carry power to Burkina Faso
President Nana Addo Dankwa Akufo-Addo has commissioned the 330kV Kumasi-Bolgatanga electricity transmission project at the Anwomaso Substation of the Ghana Grid Company (GRIDCo). Financed by the French Development Agency (AFD) at a total cost of US$173.9 million, with a grant of €4.8 million from the European Union, the project consists of the construction of approximately […]
Ghana’s largest bulk electricity supply point in Pokuase commissioned
Ghana’s largest bulk electricity supply point located in Pokuase in Greater Accra has been commissioned. President Nana Addo Dankwa Akufo-Addo commissioned the Pokuase Bulk Supply Point, a 330/34.5 kilo-volt substation designed to improve the supply and distribution of electricity for consumers in the northern areas of Accra. Funded by the Millennium Challenge Corporation (MCC) to […]
Govt COVID-relief: Customers to be credited with free units – ECG
Following President Akufo-Addo’s directive on the extension of COVID-19 electricity relief for Ghanaians, the Electricity Company of Ghana (ECG) has published guidelines for its implementation. As part of the relief announced by the President in his 21st COVID-19 update to the nation on Sunday, January 3, 2021, the government will continue to absorb 100% electricity bills […]
COVID-19: Government’s 50% absorption of electricity bills to cost GHC1 billion
The government’s free electricity intervention as part of measures to minimize the economic and social impacts of the coronavirus pandemic is estimated to cost the nation GHC1 billion for the three months. This was revealed by the Minister for Energy, John Peter Amewu during the Ministry of Information’s routine Press Conferences on COVID-19 on Thursday, […]
MiDA finalizes talks on Pokuase BSP project
The Millennium Development Authority (MiDA) says it is in the final stage of negotiations with a contractor towards the construction of the country’s biggest power Bulk Supply Point (BSP) to be sited in Pokuase. The project is among several others infrastructural investments in the power distribution sector in the third year of the power compact […]
Power sector: Ghana now a net exporter of electricity– President Akufo-Addo
The President, Nana Addo Dankwa Akufo-Addo, says his government, over the last 21 months, has ensured stability and adequate supply of power in the country, a shift from the erratic power situation that it inherited. Speaking at the Financial Times Africa Summit in London on Monday, 8th October, 2018, President Akufo-Addo indicated that his government, […]