Tag Archives: IPPs

Amidst threats of power shutdown by the Independent Power Producers (IPPs), the Managing Director of the Electricity Company (ECG), Samuel Dubik Mahama, has said that monies owed IPPs have not yet been paid but there has been a significate progress in agreement. According to a report on myjoyonline.com, the MD …

The Electricity Company of Ghana (ECG) owes Independent Power Producers (IPPs) some US$996million for power purchased. The arrears, accumulated between 2021 and this year, stood at US$900million as at last May but have now risen to US$996million at the end of September 2022 due to ECG’s inability to fully pay …

Independent Power Producers in the country have threatened to shut down their operations over unpaid debts by the government. In a ‘notice of shutdown’ letter to the CEO of the Ghana Grid Company, the power producers noted: “we would like to inform you about our firm resolve to withdraw our …