Tag: ECG
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ECG settles June, July payments to IPPs
Citi Business News has gathered that the Electricity Company of Ghana (ECG) has settled debts to all Independent Power Producers (IPPs) for the months of June and July after earlier concerns expressed by the power generation companies. Sources close to Citi Business News confirm that all the IPPs have received a second payment for current…
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ECG introduces instant billing, reducing cycle from 30 days to 3 minutes
The Electricity Company of Ghana (ECG) has recently unveiled its innovative Spot Utility Billing System (SUBS), which marks a significant transformation in the billing process. Initially tested in the Dome enclave of Accra, the SUBS technology has been rapidly implemented nationwide. This cutting-edge device, developed by the wholly Ghanaian-owned business Polymorph Labs Ghana Limited, aims…
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ECG urges customers to download PowerApp to pay bills
The Electricity Company of Ghana, Volta Region, has urged customers to download the ECG PowerApp to pay all their outstanding bills to enable the company to provide stable power supply and sustain the electricity supply chain. This initiative according to the company is to enable it mobilize revenue through the ongoing mass revenue mobilization exercise…
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ECG disconnects Musahamat Banana Farm and Treasure Island Hotel over debts
As part of the ongoing revenue mobilization by the Electricity Company of Ghana, dubbed “Operation Zero,” the Musahamat Banana Farm in Aveyime and the Treasure Island Hotel have had their power supply disconnected. The Farm Business, which is under the Ada District of the Tema Region of ECG, owes the electricity distributor to the tune…
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ECG to begin new nationwide revenue mobilisation from July 11
The Electricity Company of Ghana (ECG) has announced the commencement of a new nationwide revenue mobilization initiative known as “Operation Zero.” Scheduled to begin on July 11 and conclude on September 11, 2023, this two-month campaign aims to recover every outstanding debt to the last pesewa. In an official statement, the ECG emphasized that it…
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ECG working to disburse cash to IPPs by end of week
The Electricity Company of Ghana (ECG) is confident of settling debts Independent Power Producers (IPPs) by end of this week to avert any disruptions in electricity supply. Despite government’s indebtedness to the power generation companies the ECG and IPPs have reached a unique payment agreement promoting the latter to suspend its plans to cut power…
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IPPs suspend planned shutdown after engagements with ECG
The Chamber of Independent Power Producers Ghana (IPPs) has suspended its planned shutdown of plants powering the national grid despite debts owed by government. This follows what the Chamber describes as fruitful engagements with the Electricity of Ghana (ECG). To this end, the IPPs have agreed to keep operating their power plants after July 1,…
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Ghana’s energy sector needs audit to ascertain debt levels – COPEC
The Chamber of Petroleum Consumers Ghana (COPEC) is calling for a full-scale audit to be launched into Ghana’s power and energy sector to ascertain the country’s current debt level of the sector. This comes at a time when the Public Utility Regulatory Commission (PURC) has increased electricity tariff by 18.3 per cent and has since…
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Independent Power Producers demand 30% payment of arrears
The Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDiB) is demanding the payment of 30 percent of outstanding arrears owed its members by government. This call was agreed upon at an emergency meeting of IPPs on Tuesday 23rd May 2023. A statement issued by the Chamber and signed by its Chairman, Togbe Afede…
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Halt implementation of utility tariffs increment- FABAG tells govt
The Food and Beverages Association of Ghana (FABAG) is impressing on government to direct the Public Utilities and Regulatory Commission (PURC) not to roll out its recent announcement of increment in tariffs. Effective June 1, 2023, the cost of water services will see an upward adjustment for all consumer groups whiles electricity and natural gas…