Tag: ECG
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Akosombo residents demonstrate over ‘killer’ tariffs
Scores of residents of Akosombo in the Eastern Region have poured on to the streets, demonstrating over what they describe as killer electricity tariffs. The demonstrators, some of who joined from surrounding communities say, the problem of high tariffs started when the Electricity Company of Ghana (ECG) changed their meters. The situation, according to them,…
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PUWU livid over sideline in negotiations on ECG
The Public Utility Workers’ Union (PUWU) has expressed disappointment at government for failing to discuss with them details concerning the Millennium Challenge Corporation (MMC) Power Compact II before taking a final decision. According to PUWU, consultations would have clarified issues and updated concerned workers. Speaking on the Citi Breakfast Show on Tuesday, the General Secretary…
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Listing GRIDCo on stock market: Managers discredit Kwabena Donkor’s claims
Managers of the Ghana Stock Exchange (GSE) have discredited claims by former Power Minister, Dr. Kwabena Donkor indicating his pessimism of the prospects of listing the Ghana Grid Company Limited (GRIDCo) on the stock exchange. According to the Managing Director of the GSE, Kofi Yamoah, the decision is a laudable one and should be supported…
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Stock market managers welcome the listing of VRA, GRIDCo
The Managers of the Ghana Stock Exchange (GSE), have welcomed government’s decision to list the VRA and the Ghana Grid Company Limited (GRIDCO) on the stock market. They contend that the move will support the growth of the market while deepening the efficiency of the two institutions. As a result, the Managing Director of the…
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Power supply will stabilise from today – Energy Minister
Energy Minister, Boakye Agyarko has assured consumers of stable power supply effective today evening. The assurance follows what he says is the completion of works for the interconnection between the Tweneboa, Enyera, Ntomme (TEN) fields and the Jubilee Field for gas exportation to the Ghana Gas Company. According to the Minister, the intermittent power cuts…
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We’ll reduce energy sector levies – Boakye Agyarko
The Energy Minister Nominee for Energy, Boakye Agyarko has announced an ambitious plan by the NPP government to reduce the taxes on the energy sector even as it initiates plans to address challenges facing the country’s power sector. As a result, the government says it will revise the energy sector levies. Mr. Agyarko who believes…
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ECG blames cable faults for power cuts at AICC
The Electricity Company of Ghana (ECG) has clarified that the cut in power supply to the Accra International Conference Centre (AICC) on Wednesday, is not an indication of load shedding by the company. ECG has rather attributed the development to a cable fault at the Independence Square which affected power transmission to distribution areas including…
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Prez Mahama once more defends MiDA, ECG partnership
President Mahama has stressed that private sector participation in Ghana’s power sector is inevitable if the sector is to perform satisfactorily. According to him, the long term benefits over reduced losses outweigh the immediate concerns militating against such move. The decision to allow the Millennium Challenge Corporation (MCC) to take part in the management of…
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No return of dumsor – ECG assures Ghanaians
The Electricity Company of Ghana (ECG), has clarified that there is no return of dumsor despite the current power outages being experienced in some parts of the country. “Admittedly, we have taken note of series of outages in some areas within our distribution system, but we wish to state as a matter of fact that…
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Sacking ‘inefficient’ ECG staff is ‘wrong’ – PUWU to ACEP
The Public Utility Workers Union (PUWU), has dismissed suggestions by the African Centre for Energy Policy (ACEP) for some workers to be laid off as government seeks a private partner to manage ECG. According to PUWU, this assertion is wrong and must not be considered by government and stakeholders. “I don’t know how ACEP takes…