The spokesperson for the incoming government’s transition team, Felix Kwakye Ofosu, has expressed serious concerns following the transition team’s first day of work. Among the key issues raised were last-minute recruitments and a significant payment of GH₵240 million to an entity that conducted business with the Electricity Company of Ghana (ECG). Mr. Kwakye Ofosu revealed […]
JoyNews has confirmed that the Electricity Company of Ghana (ECG) has defaulted once again on its fixed monthly energy purchase price with all Independent Power Producers(IPPs). This has sparked concerns about the possibility of a full-blown power crisis, also known as dumsor. President Akufo-Addo in his State of the Nation Address touted his ability to […]
The Independent Power Producers (IPPs), which form the Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDIB–Ghana), have rescinded their decision to shut down their plants in protest against the non-payment of huge debts by the Electricity Company of Ghana (ECG). The IPPs had earlier threatened to shut down their plants should ECG fail […]
Six Independent Power Producers (IPPs) which currently supply about 1,500 megawatts of electricity have threatened to shut down their plants if Power Distribution Services (PDS) Limited fails to settle debts amounting to over $700 million within eight working days. While acknowledging the negative impact a shutdown of power plants will have, they said they are […]
