ALL POSTS FILED UNDER: ECG
BoG, ECG, and COCOBOD in massive financial distress – Finance Minister
Add a CommentFinance Minister Dr Cassiel Ato Forson says the Bank of Ghana (BoG) currently holds a negative equity of GHS55 billion. This significant financial challenge was inherited from the previous administration, and it underscores the need for immediate government intervention to … Read more →
Energy Minister-designate sets 6-months for ECG private sector involvement framework
Add a CommentEnergy Minister-designate John Abdulai Jinapor has outlined a six-month timeline to establish a comprehensive framework for private sector participation in the operations of the Electricity Company of Ghana (ECG). This initiative, he said, aims to enhance efficiency and improve power … Read more →
Energy Minister designate orders halt on ECG payments to all suppliers
Add a CommentIncoming Energy Minister, John Jinapor has taken a decisive step to address the ongoing challenges facing the Electricity Company of Ghana (ECG). In an interview on Citi FM on Thursday, January 9, Jinapor revealed that he has instructed ECG to … Read more →
Asantehene pushes for privatisation of VRA, GRIDCo & ECG
Add a CommentIn a bold declaration, the Asantehene Otumfuo Osei Tutu II has called on the government to privatize key state-owned entities for power generation and distribution, namely the Volta River Authority (VRA), the Ghana Grid Company Limited (GRIDCo), and the Electricity … Read more →
We won’t give Ghanaians a timetable because there’s no dumsor – ECG
Add a CommentThe Electricity Company of Ghana (ECG) has disclosed that there will be no need for a load-shedding timetable despite recent power interruptions. According to the ECG, the current challenges with power supply in the country do not necessitate the implementation … Read more →
ECG, banks, NHIS renewal, other services already operate 24hr economy – Miracles Aboagye to Mahama
Add a CommentA Presidential Staffer, Mr Dennis Miracles Aboagye has asked former President John Dramani Mahama to clarify his proposal of creating a 24-hour economy should he be elected as president. Miracles Aboagye indicated that there are several services that are already being rendered … Read more →
ECG loses GH¢25m whenever it rains – MD
Add a CommentThe Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has revealed the impact of weather conditions and seasonality on electricity sales and revenue. According to him, ECG loses about GH¢25 million whenever it rains in any … Read more →
ECG clears IPPs debt
Add a CommentIn an effort to foster a stable and sustainable energy sector in Ghana, the Electricity Company of Ghana (ECG) has finally settled its outstanding debt to the Independent Power Producers (IPPs). The payment, which was part of the commitment made … Read more →
ECG recovers GHc2.5bn from nationwide revenue mobilisation exercise
Add a CommentThe Electricity Company of Ghana (ECG) has retrieved half of its total debts after embarking on a nationwide revenue mobilisation exercise to recover all unpaid bills amounting to GH¢5.7 billion from its customers.The one month exercise, targets domestic users, businesses, … Read more →
ECG resolves prepaid meter challenges
Add a CommentTHE ELECTRICITY Company of Ghana (ECG) says it has resolved challenges that occurred on its prepaid metering system which disabled customers from purchasing power from 3rd party vending points across the country. The company, in a statement, indicated that customers … Read more →
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