President Nana Addo Dankwa Akufo-Addo has said that due to the successful implementation and completion of compacts One and Two of the Millennium Challenge Corporation (MCC), he will make a case at the highest level in the United States for a third compact. He expressed the hope that the US authorities would sit around the […]
The Millennium Development Authority (MiDA) has stated that Al Koot, Qatar-based insurance & reinsurance company, duly notarised the Guarantees provided by Power Distribution Service in accordance with Qatari law verifying their authenticity. It said in order to ensure the enforceability of the Guarantees, MiDA insisted on having the Guarantees notarised, which was duly done. MiDA […]
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 […]
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 […]
