Ghana government focuses on power sector finances
- 14 Jul 2017
The incoming administration in Accra is faced with a power industry dominated by heavily indebted public utilities, inadequate regulation and 43 power purchase agreements signed by the Electricity Company of Ghana (ECG) without a clear least cost or procurement plan. With the need for additional capacity unclear, the government is focusing on transmission, distribution and renewable energy. “Energy challenges have to be seen holistically,” deputy energy minister Joseph Cudjoe told the Ghana Trade and Investment Forum in London on 28 June, adding that “the problems facing the energy sector are not technical but financial”.
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