Six companies short-listed for ECG concession …successful bid to be selected by March 2018

Six companies have been shortlisted for the Private Sector Participation (PSP) role in the electricity distribution business of the Electricity Company of Ghana (ECG).This follows interest shown by 83 entities, out of which 11 entities submitted their applications for pre-qualification and ... — Read More

Energy Minister vows to revamp power sector

Energy Minister Mr Boakye Agyarko has affirmed the Government’s resolve to overhaul the country’s ailing energy sector to meet consumers demand for improved economic performance.“This government’s vision for the provision of state reliable and secure power supply also include initiatives such ... — Read More

CEO of 3SIL commends gov't on renewable energy

The Chief Executive Officer of Strategic Security Systems International Limited (3SiL) Mr. Ofori Boateng has lauded plans outlined by government in the 2017 budget statement towards the development of renewable energy.    Government has initiated plans to increase access to lighting in deprived ... — Read More

11-member MiDA board inaugurated

The President Nana Addo Dankwa Akufo-Addo has inaugurated a 11-member board to oversee the activities of the Millennium Development Authority.The board headed by the renowned Professor Yaa Ntiamoah Badu has been charged to ensure that the Power Compact II which has ... — Read More

Quantum Power cuts sod for Tema LNG Terminal

Quantum Power, the pan-African energy infrastructure investment platform, has cut sod for the construction of the Tema LNG Terminal, consisting of facilities for the import, storage and regasification of liquefied natural gas.The Tema LNG Terminal has been designed to help alleviate ... — Read More

NPRA to introduce new investor guidelines

The National Pension Regulatory Authority (NPRA) is set to rollout new investor-friendly guidelines by April, as it seeks to encourage long-term investments.Under the new rules, effective April, fund managers can invest up to 60 percent on government of Ghana securities; 35 ... — Read More

Gov’t wants time to end dumsor ‘permanently’

The Chairman of the Mines and Energy Committee of Parliament, William Owuraku Aidoo, has asked Ghanaians to be more tolerant with the new government as it seeks to end the erratic power cuts, otherwise known as dumsor, “permanently”.According to Mr.Owuraku Aidoo, ... — Read More

GH¢3.3 billion windfall from Energy Levies

The controversial Energy Sector Levies raked in a whopping GH¢3.3 billion last year, against a projected total amount of GH¢3.2 billion, an indication that its effective utilisation could help retire the legacy debt that has bogged down power utilities and the ... — Read More

Kofi Buah fears privatization of VRA, GRIDCO

Former Petroleum Minister, Emmanuel Armah Kofi Buah, says he fears the Volta River Authority (VRA) and the Ghana Grid Company Limited (GRIDCo) may end up being privatized, following government’s intension to explore ways of listing the power utilities on the local ... — Read More

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