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Tag Archives: ECG

ECG’s metering system upgrade results in GH¢893 million loss in two months — William Boateng

The Electricity Company of Ghana (ECG) between July and August, 2024, recorded a revenue shortfall of over GH¢893,158,654 as part of the on-going process of upgrading its prepayment metering system in its operational areas. 

The Electricity Company of Ghana (ECG) between July and August, 2024, recorded a revenue shortfall of over GH¢893,158,654 as part of the on-going process of upgrading its prepayment metering system in its operational areas.  According to the company, the loss was as a result of customers not paying for the …

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Parliament faces potential power disconnection over GH₵23m ECG debt

The Electricity Company of Ghana (ECG) is considering disconnecting power supply to the Parliament of Ghana on Wednesday, February 21, due to an outstanding debt exceeding GH₵23 million. This potential action is part of the ongoing “Operation Zero Balance” initiative which aims to recover unpaid debts from various customers. The …

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ECG disconnects Accra Academy from power grid over debt

The Accra Academy Senior High School (SHS) is currently without power due to disconnection by the Electricity Company of Ghana (ECG) over alleged unpaid arrears. Citi News‘ Fauzu Masawudu reported that as of 8:40 pm when he arrived, the entire campus was in darkness, with students using torchlights in their …

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We can’t accept the blame for Thursday’s power cut – ECG MD replies GNPC

The Electricity Company of Ghana (ECG) says it can also not accept blame for Thursday’s power cut experienced in some parts of the country. On October 26, the Ghana Grid Company Limited (GRIDCo) in a statement explained that the cause of the power cuts was due to limited gas supply …

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ECG owes us $658 million – Bui Power Authority

The debt owed Bui Power Authority (BPA) by the Electricity Company of Ghana (ECG) has shot up astronomically from $612million to $658 million, Chief Executive Officer of the power generation company, Samuel Kofi Ahiave Dzamesi has stated. He pointed out that the debt keeps increasing because BPA continues to generate …

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ECG sacks 11 top officials over alleged financial misconduct

The Electricity Company of Ghana (ECG) has asked 11 top executives to go home over their alleged involvement in activities that resulted in financial losses for the company. As reported by dailyguidenetwork.com, the list of these executives includes Treasury Executives, a Senior IT Assistant, an Assistant Accounting Officer, Artisans, and …

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ECG needs private investment to settle its debts – ACEP

Executive Director of the African Centre for Energy Policy (ACEP), Benjamin Boakye, has stated that the Electricity Company of Ghana (ECG) needs private investment. According to him, government also needs to divide the financing requirements into manageable portions for Ghanaian businesses to take over. This, he said, would help the …

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ECG to embark on ‘Operation Zero’ from July 11

The Electricity Company of Ghana (ECG) has announced the launch of a new nationwide revenue mobilisation initiative known as “Operation Zero.” The exercise will begin on July 11 and end on September 11, 2023, according to the company. According to an ECG statement, the two-month campaign aims to recover every …

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ECG and NEDCo release tariff reckoner for new power tariffs

The Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCo) have released the tariff reckoner to guide consumers following the recently approved 18.6 percent increment in electricity tariffs by the Public Utilities Regulatory Commission (PURC). The two entities have encouraged power consumers to go through the guide …

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ECG has accepted it wrongly accused us of stealing electricity – Police Service

The Ghana Police Service has refuted reports in the media that the service engaged in electricity theft, stressing that after a meeting with officials of the Electricity Company of Ghana ( ECG), it was established that they did not steal any electricity and the ECG has regretted the wrongful accusation. …

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