madimage

Connect with us

Hi, what are you looking for?

Business

ECG, GRIDCO on warpath over sale of power for industrial use

Auction

ECG, GRIDCO on warpath over sale of power for industrial use

Electricity Company of Ghana and GRIDCO are on a warpath over decision by ECG to sell power for industrial use.

African Editors is learning that the development is causing conflict between the two energy sector players and if not resolved may escalate to unmanageable proportions.

The conflict comes at the period Ghana is facing unannounced power outages, an energy sector challenge which remains a source of worry to many Ghanaians due devastating impacts to businesses.

Speaking in an interview monitored by African Editors on Tuesday 3 August 2021 in Accra, Executive Director of Institute of Energy Security (IES) Nana Amoasi VII said “the latest conflict between ECG and GRIDCO could be attributed to the huge debt ECG owes GRIDCO”.

The IES Executive Director has urged Energy Commission to immediately take urgent steps to resolve the matter.

“The ECG and GRIDCO serve under Energy Commission, so… it should table over the issue and resolve the matter because power sector conflicts is not a good one”.

Meanwhile, government is set to amend Petroleum Management Act to allow Ghana National Petroleum Corporation (GNPC) to scale up acquisition of oil blocks.

In his immediate reaction to the development, Deputy Minority Leader Dr. James Klutse Avedzi says “If that is what they want, we can allow them”.

Source : africaneditors.com

ECG, GRIDCO on warpath over sale of power for industrial use

ECG, GRIDCO on warpath over sale of power for industrial use

DONATION TO SUPPORT THIS WEBSITE: 0599896099 +233599896099 Thank you for your contribution!

Click to comment

Leave a Reply

You May Also Like

Health

Neglected tropical diseases rising in E/R- GHS Eastern Regional Health Directorate says there is disturbing increase in cases of neglected tropical Diseases in the...

Video

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos.

News

Daasebre Oti Boateng introduces Root-Based Model to Akufo-Addo, Bawumia, commends them for 2021 Census & Covid-19 fight Omanhene of New Juaben, Chancellor of All...

Video

Kagame Tells Europe that Africa Doesn’t Need Adult Supervision but Fair Trade.    DONATION TO SUPPORT THIS WEBSITE: 0599896099 +233599896099 Thank you for your...

Copyright © 2023, Africaneditors.com Ltd was developed by Wordswar Technology & Investment, Inc. Contact us on +233246187160

%d bloggers like this: