madimage

Connect with us

Hi, what are you looking for?

Business

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

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

There is a good reason why you should support the African Editors. Not everyone can afford to pay for news right now. That is why we keep our journalism open for everyone to read, including in Ghana. If this is you, please continue to read for free. But if you are able to, then there are three good reasons to support us today.

1. Our quality, journalism is a scrutinising force at a time when the rich and powerful are getting away with more and more.

2. We are independent and have no billionaire owner pulling the strings, so your money directly powers our reporting.

3. It doesn’t cost much, and takes less time than it took to read this message.

Help power the African Editors' journalism for the years to come, whether with a small sum or a larger one. If you can, please support us on a monthly basis from just 1 Ghana Cedi through mobile money number: 0599896099/ +23359989609 and you can be rest assured that you’re making a big impact every single month in support of open, independent journalism. Thank you.

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.

Video

Kagame Tells Europe that Africa Doesn’t Need Adult Supervision but Fair Trade.    There is a good reason why you should support the African...

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...

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

%d bloggers like this: