Ghana power map, cropped

Cautious optimism over debt deal from Ghanaian IPPs

Issue 492 - 08 Oct 2023 - By Marc Howard | 2 minute read

A central element in Ghana’s debt restructuring is the money owed to domestic independent power producers (IPPs). Industry group the Independent Power Generators, Ghana (IPGG) has been working to hammer out the details of a deal to resolve the IPPs’ crisis over lack of payments by state entities and the haircut on their outstandings demanded by the government following an interim agreement in June.

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