Tag: ECG
-
ECG works to rectify anomalies for prepaid users yet to enjoy relief package
The Electricity Company of Ghana, ECG, says it should complete the configuration of a few more prepaid meters to reflect the relief packages announced for electricity consumers by the end of this week. The ECG deferred the implementation of a three-month relief package for pre-paid consumers of electricity; from April to May, to allow it…
-
GRIDCo and Sunon Asogli build $5.4m Auto Transformer to boost power supply
The Energy Minister, John Peter Amewu, has commissioned a 330/161 KV interconnecting Auto Transformer at Sunon Asogli Power Plant in Tema boost power transmission and supply in the country. The interconnecting transformer which was built by the Ghana Grid Company Limited Ghana Limited and Asogli cost 5.4 million dollars. The Ghana Grid Company (GRIDCo) invested…
-
COVID-19: Govt to spend GHS1billion on Energy Relief Package
Government is expected to cumulatively spend GHS1 billion to absorb the electricity bills of Ghanaians for April, May and June, as part of measures to offer some relief to consumers in the wake of tightened financial conditions caused by the novel Coronavirus pandemic. The package will cover over 86 percent of individual consumers and industries…
-
PURC has no excuse; electricity tariffs must go down – CUTS Ghana
The Public Utilities Regulatory Commission (PURC), will have no basis to reject calls for a reduction in electricity tariffs as long as the factors that determine the cost of generation in the electricity power mix have seen a drastic change. That’s according to a Research and Public Policy Think Tank, CUTS Ghana, which has officially…
-
GRIDCo partly blames power outages on lack of funds to purchase fuel
The Ghana Grid Company, GRIDCo, has blamed the lack of sustained financing to fuel the various dual power generation plants as partly accountable for the intermittent power outages experienced in parts of the country. According to the power transmission company, Ghana’s ability to resolve the recurring problem should ease the apprehension associated with intermittent power…
-
ECG to purchase only made-in Ghana electrical cables
The Electricity Company of Ghana, ECG, says it has directed all stations to purchase only made in Ghana electrical cables for their operations. The standing policy had been overlooked as purchases were made outside Ghana, particularly China. Speaking after reactivating the policy, the Managing Director of the ECG, Kwame Agyeman-Budu, explained that the idea is…
-
Bawumia urges ECG to boost revenue collection as it launches new mobile app
Vice President, Dr. Mahamudu Bawumia, has charged the Electricity Company of Ghana (ECG), to improve its collection rate to help turn around the fortunes of the energy sector. The power distribution company currently has a collection rate of 66 percent, a situation that is partly accountable for the recurring debt in the energy sector. But…
-
GRIDCo staff to withdraw emergency services over GHS1.2bn debt
The Senior Staff and the Divisional Union of Ghana Grid Company (GRIDCo), has asked staff of the organization to withdraw all emergency services to push the government to settle debt owed the company by ECG, VALCO, defunct PDS and NEDCO. The Union says ECG and NEDCo owes about GHS607 million and GHS177 million respectively, while…
-
PDS remits GHS200m to ECG to defray part of US$600m independent power producers debt
The Electricity Company of Ghana (ECG) has confirmed receipt of GHS200 million from the Power Distribution Service (PDS) Limited. This amount is expected to be used to defray part of the debt owed independent power producers in the country. This comes a week after the Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDIB)…
-
PURC hands major boost to industries following elimination of special tariff
The Public Utilities Regulatory Commission (PURC) has signaled a major policy shift that should see a reduction in the cost of electricity for industrial consumers of power. According to a statement issued the utility regulator, the maximum demand charge paid by industrial consumers has been eliminated effective July 1, 2019. The PURC described the move…