Independent Power Producers have warned that three critical power plants are at risk of closure due to accumulating unpaid debts.

IPP CEO Dr. Elikplim Apetorgbor said the government had defaulted on $259 million in payments it owed. Ghana Electricity Company.

Apetorgbor told Citi News that the government must act quickly to avoid a shutdown by paying down debts.

“I can confirm that all is not well; “If there is no intervention before Friday, I can say that three important power plants will be off the grid by Monday.”

Sunon Asoli Power already closed Due to the inability of the Ghana Electricity Company to pay its debt.

According to Sunon AsogliNon-payment of debt left them in a tight financial situation, unable to finance operations.

The electricity producer also called on the Ministry of Finance to intervene and find a solution as soon as possible.

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Previous power supply difficulties

In June, the West African Gas Pipeline Company announced maintenance work for a gas supplier. caused power outages in Ghana.

Reduced supply limited energy production capacity, resulting in power outages AccraAmong other cities in the country.

The Ghana Electricity Company has implemented a load management program to manage the country’s available energy at the time.

During previous power outages, the Utilities Regulatory Commission fined board members of the Ghana Electricity Company for failing to submit a load shedding schedule.

PURC warns about ECG’s debt

YEN.com.gh In addition, the Public Utilities Regulatory Commission constantly warning about Indebtedness of the Ghana Electricity Company.

PURC Secretary General Dr. Ishmael Ackah sounded the alarm in a letter to the Presidency, the Ministers of Energy and Finance and key stakeholders.

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Ackah warned that the situation could have devastating effects on the operations of the Volta River Authority, the Ghana Grid Company and the Bui Power Authority.

Source: YEN.com.gh