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    Gold-for-oil: Govt spent $40m on first consignment – NPA

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    Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms

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    Gold-for-oil: Govt spent $40m on first consignment – NPA

    Encourage China to support Ghana’s debt restructuring – Akufo-Addo to Germany

    Government to securitize $3.3bn in Central Bank loans

    Ghana withdraws $672m back-tax demand from MTN Group

    Come clean on gold-for-oil ‘fiasco’ – COPEC to govt

    Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms

    Deadline for debt exchange program moved to February 7 with new terms

    Government finally makes progress on Debt Exchange Program

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    Gold-for-oil: Govt spent $40m on first consignment – NPA

    Come clean on gold-for-oil ‘fiasco’ – COPEC to govt

    Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Government and Association of Banks reach agreement on DDEP

    DDE: Banks secure 5% coupon for 2023; other revisions

    Cocoa bill payment; BoG, COCOBOD others agree to roll over maturing investments

    AfriCatalyst to host conference on use of Special Drawing Rights to accelerate economic transformation

    Banks seek shorter maturities in local debt-swap deal

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    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

    Telcos to implement 1% E-Levy charge from today

    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

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    Telcos ready to begin deactivating unregistered SIMs – Chamber of Telecommunications

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    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

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    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Nigeria set to stop importation of refined oil and refine its own oil by 2023

    EIU analysts forecast grim economic outlook for Africa in 2023

    AUDA-NEPAD holds workshop for Youth and Media on AU Year of Nutrition

    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

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ECG justifies non-availability of load shedding timetable

bycitibusinessnews
July 31, 2015
in Business, Local Economy, Top Stories
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The Electricity Company of Ghana (ECG)  says  it  cannot give a specific load shedding timetable as quantum of power received from their source over the past weeks has not been consistent.

[contextly_sidebar id=”1TzZM3EuJhZf6pcppMRHWNA58tZUvWUG”]The Public Utilities and Regulatory Commission, (PURC) had earlier called on ECG to as a matter of urgency publish a time table.

According to the PURC, the power generation companies are bound by law to publish a timetable to allow consumers plan ahead of time  but ECG says, it cannot provide any timetable.

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Director of Operations for ECG, Engineer Tetteh Okine told Citi Business News, they are maintaining the initial load-shedding timetable which allows for 12 hours of power supply , and 24 hours of power outage.

”On a day to day basis, depending on the challenge on the ground, the 12 hour of power supply and 24 hours of power outage is still running”.

According to him, a change can be made only when there are definite figures, ”but it varies from day to day and its difficult to do a timetable with quantities which are varying.”

Most companies have asserted that ECG’s failure to publish the load shedding time table and in some cases stick to what it has published makes it difficult for them to plan in the midst of the crisis.

Telecom giant MTN Ghana is one of many companies that has called for the Electricity Company of Ghana to follow the published load shedding time table.

MTN Ghana’s former CEO Serame Taukobong earlier told Citi Business News “the critical thing is engaging with government to find solutions to the problem and yes we don’t have 100 percent reliability on ECG, that is why we have got such a high consumption on fuels and consumed as much as 2 million liters of fuel per month. Though we have a three plan back-up at most of our critical sites on a genset or even the battery backup but obviously the lack of fuel and battery does affect your ability to serve customers.”

–

By: Lorrencia Nkrumah/citifmonline.com/Ghana

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