Tag: AMERI
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Relocating Ameri plant unnecessary and wasteful – The Energy & Associates
Civil Society Group, The Energy and Associates says it is strongly against the government’s plans of relocating the Ameri Thermal Plant from Aboadze to Anwomaso in Kumasi, Ashanti Region. According to the group, the move is “wasteful” and “unnecessary” given the fact that government is finding it very difficult to pay debts it owes in…
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Gov’t ‘radical’ take or pay renegotiation will scare away investors — EIU report
The Economist Intelligence Unit (EIU) has described the government’s attempts of renegotiating power purchasing agreements signed under the previous administration as ‘radical’, arguing that the approach could scare aware potential investors. The business advisory firm in its latest country report said a radical revision of power contracts ie take or pay agreements, may not happen…
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Ameri welcomes Amewu’s ‘enhanced’ agreement
Ameri Energy has demonstrated its willingness to work with the government of Ghana on the new agreement it has brought forth. CEO of Ameri Energy, Mustafa Ahmed said in a statement: “We are always happy to address any misconceptions about our work and we’ve engaged in a constructive dialogue with the government and all stakeholders.…
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IES joins calls to stop amendment to AMERI deal
Opposition has intensified against the new arrangement on the AMERI power deal which is currently before Parliament. The latest to resist the new plan is the Institute of Energy Security (IES). The energy think tank believes the country risks paying more when the deal is agreed upon, in its current form. The IES also cautions…
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World Bank backs review of AMERI deal
The World Bank has backed the government’s decision to review the AMERI power plant deal over concerns of generation capacity excesses. According to the Bank, Ghana’s current total electricity generation capacity is higher than the amount demanded. Speaking to Citi Business News, the Ghana Country Director of the World Bank, Henry Kerali also stated that…
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VRA workers renew protests against ‘takeover’ of assets
Staff of the Volta River Authority (VRA) have resumed activities to protest against allegations of a takeover of some properties of the Authority. It follows what the workers say is a breach of contract by the management of the VRA in the processes of protecting the assets of the authority. A statement issued by the…