Wednesday, February 8, 2023
The Cash Waterfall Mechanism (CWM) currently pays for only 20 percent of the power Electricity Company of Ghana (ECG) buys from Independent Power Producers (IPPs). The remaining 80 percent keeps piling up, with outstanding payments to IPPs jumping from US$996million in September 2022 to US$1.2billion last October. The CWM seeks to...
…this is a speech delivered by the CEO of Ghana Free Zones Authority (GFZA), Ambassador Micheal Oquaye Jnr., at a media briefing for 2022 Investment Week celebrations Good morning, cherished members of the media, and thank you for accepting our invitation to attend this media briefing. On behalf of the...
The Ghana Bauxite Company (GBC) has targetted to increase its production of one million to two million metric tonnes per annum as authorities work to materialise the government’s vision of an Integrated Aluminum Industry (IAI) that seeks to add value to the resource to boost the local economy. According to...
Genser Energy has been praised for giving opportunities for more Ghanaians to work in providing energy solutions to the industrial and mining sectors of Ghana and other parts of Africa. The independent power producer serves multinational clients in the industrial and mining sectors, and prides itself on people and focus...
A seven-member delegation from the Energy Regulatory Board of Zambia is in the country to understudy the operations of the National Petroleum Authority (NPA) in the regulation of the petroleum downstream industry. The team seeks to have a better insight into the implementation of price deregulation, fuel marking, electronic cargo...
The Electricity Company of Ghana (ECG) owes Independent Power Producers (IPPs) some US$996million for power purchased. The arrears, accumulated between 2021 and this year, stood at US$900million as at last May but have now risen to US$996million at the end of September 2022 due to ECG’s inability to fully pay...
President Nana Addo Dankwa Akufo-Addo will grace this year’s Ghana Energy Awards (GEA) as the Special Guest of Honour. Scheduled for November 25, 2022 at the Labadi Beach Hotel, Accra, the 6th edition of the awards is under the theme: ‘Global Decarbonisation: A Just and Equitable Energy Transition in Ghana’....
The President, Nana Addo Dankwa Akufo-Addo, has assured the global community of Ghana’s full commitment to increasing the country share of renewable energy in the energy mix. Speaking at a high-level event on Sustainable Energy for All, organised by Bloomberg Philanthropies, on the sidelines of COP27 in Sharm el-Sheikh, Egypt,...
The Power Energy Ghana Exhibition – a complete international exhibition of the power/energy sector – is set to take off  in Accra next month from November 14-16, 2022 at the Accra International Conference Centre. The expo is organised by BlG4SURE EVENTS FZCO, based in UAE, under the auspices of Ministry...
Vivo Energy Ghana, Shell Licencee, and United Way Ghana on the 5th of October 2022 entered a partnership to promote environmental sustainability. The partnership will focus on creating opportunities through well-structured Environmental Club activities to inspire underprivileged young learners to develop an interest in keeping the environment clean and be...
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