Tag: ECG
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Call ECG to order on prepaid issues – IES to Energy Ministry
The Institute of Energy Security (IES) has tasked the Ministry for Energy to as a matter of urgency, demand solutions from the Electricity Company of Ghana (ECG) on problems related to the purchase of prepaid. This comes after several prepaid customers complained about “being slapped with outrageous bills for electricity not consumed”. A statement issued…
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ECG to boost revenue mobilization with remote sensing technology – Amewu
Energy Minister, Peter Amewu, has indicated that the Electricity Company of Ghana, ECG, is expected to see an improvement in its revenue collection. According to the Minister, ECG has begun piloting a remote sensing technology that will help in the process. “So, going forward, we will significantly improve revenue collection with the implementation of a…
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Government must partner with private sector to improve use of renewable energy – IES
The Institute of Energy Security (IES) has called for more partnerships between the government and the private sector regarding the increasing use of solar and renewable energy in the country. The call by the Institute follows growing concerns over the future and financial sustainability of the Electricity Company of Ghana (ECG) as companies increasingly utilise…
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GRIDCo’s debt recovery from the ECG worsens: IES Analysis
From data collated by the Institute for Energy Security (IES), the debt of GH¢850.993 million owed to the Ghana Grid Company (GRIDco) by the Electricity Company of Ghana (ECG) in December 2019 has shot up by almost 31 percent to GH¢1.114 billion as of end June 2020. The Institute’s trend analysis of cash receivables of…
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Lifeline consumers to enjoy free power from this month
Life line customers of the Electricity Company of Ghana, ECG, can now expect to have 100% of their bills absorbed from this month till the end of the year. This follows government’s extension of an earlier three months’ subsidy on utility for consumers who consume between 0 to 50kWh per month.This is part of efforts…
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ECG connects Ghana Infectious Disease Centre to national grid
The Ghana Infectious Disease Centre has been connected to the national grid by the Electricity Company of Ghana, ECG, in support of the national fight against COVID-19. ECG’s intervention means that the 100-bed capacity facility is set for treatment and management of COVID-19 and other infectious diseases in the country. The ultra-modern facility worth US$7.5million…
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MiDA receives equipment for ECG’s meter management system
The Millennium Development Authority, (MiDA) has received equipment for a modern Meter Management System (MMS) being set up for the Electricity Company of Ghana (ECG). The equipment, worth USD 12 million, has been procured with funds provided by the Millennium Challenge Corporation (MCC), an Agency of the United States Government, under the Ghana Power Compact…
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Make provision for our $1.4bn debt in mid-year budget – IPPs to Gov’t
Ahead of the presentation of the 2020 Mid-Year Budget Review in Parliament on Thursday, July 23, the Chamber of Independent Power Producers and Bulk Consumers, CIPDiB, is asking government to capture the payment of the about USD$1.4 billion debt owed them in the budget. According to the Chamber, which is made up of the Sunon-Asogli…
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Our balance sheet is now stronger after gov’t settled its debt – ECG MD
The Electricity Company of Ghana (ECG) says government had “averagely paid GHC2 billion directly to ECG’s suppliers (i.e VRA, IPPs and GRIDCo) to defray the Government of Ghana’s indebtedness to ECG.” This follows claims by the Minority that government had settled arrears owed the company. Earlier this week, the Minister of Energy, John Peter Amewu,…
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Debt owed ECG paid up to December 2019 – Energy Minister
The Minister of Energy, John Peter Amewu, says government has paid all its debt owed the Electricity Company of Ghana, ECG, up to December 2019. According to the Minister, government paid GHS 2 billion annually to cover its bills. Speaking at a press briefing by the Information Ministry,on Tuesday, May 19, 2020, Mr. Peter Amewu…