ECG promises uninterrupted power supply after resolving debt dispute with IPPs
The Electricity Company of Ghana (ECG) has assured the public of uninterrupted power supply following successful negotiations with Independent Power Producers (IPPs) to address outstanding arrears.
This assurance comes after the IPPs threatened to shut down multiple power plants due to unpaid debts, sparking fears of a potential return to widespread power outages, locally known as "dumsor."
Speaking to the media, ECG’s External Communications Manager, Nii Ayiku Ayiku, confirmed that recent negotiations had averted the anticipated crisis.
"The Acting Managing Director has assured us that we are fully engaged with the IPPs to prevent any recurrence of the outages experienced over the weekend.
We are confident that everything is on track," he stated.
According to reports, the government has reached a temporary agreement with the IPPs, paying off part of the debt and establishing a payment plan to settle the remaining balance.
This arrangement is expected to stabilize electricity generation and ease tensions within the energy sector.
While ECG has committed to maintaining a consistent power supply, industry stakeholders have called on the government to implement a sustainable financial framework to prevent similar disputes in the future and ensure the long-term reliability of Ghana’s energy supply.
Source: Classfmonline.com/Cecil Mensah
Trending Business
Not all metres being updated – ECG clarifies
00:34Ashanti Region pig farmers raise pork prices amid soaring production costs
02:58Jospong Group, Uasin Gishu County signs pact to boost sanitation services in Kenya
00:40FDA defends best-before-date extension on 22,000 bags of rice for SHS students
09:40Exchange rate cause of escalating petroleum prices -NPA
14:39AAC pledges sustainable agriculture practices and investments across Africa
12:46'The Bank Square': BoG's new HQ will foster innovation, excellence in service – Pres. Akufo-Addo
22:54'The Bank Square': BoG to commission new HQ Wed. Nov. 20
02:38Royal Senchi hotel founder dies
14:33Jospong rice to hit markets soon!
09:31