As part of measures to support businesses and households during the Coronavirus pandemic, President Akufo-Addo has announced that government will absorb three months free electricity bills for the poor, and 50 percent for industries and other households.
The relief package which covers bills for April, May, and June, follows an...
Total Petroleum Ghana Limited has presented Veronica buckets and other sanitation equipment to driver unions in three regions, as part of efforts to stop the spread of the Coronavirus (COVID-19) in the country.
The oil marketing company made the gesture at the Sankpala taxi rank in Tamale, Northern Region and other...
Investors or holders of the ESLA bond have received a total of GH¢500million as the first tranche of interest payments.
A statement from ESLA Plc., the Special Purpose Vehicle (SPV) created to manage the bond, said an estimated GH¢228million has been paid as first gross interest payments to investors who...
Government has been advised to prioritise local content and local participation in awarding upstream petroleum contracts, as it prepares to launch its first-ever bidding round in the growing industry.
Government announced recently that it will be issuing new licences to deserving companies by the fourth quarter of this year, during...
…as Contactum educates them on industry safety practices
Certified electricians believe that should the Energy Commission enforce the laws which govern their practice, the incidences of fire due to electrical faults will drastically reduce or be prevented.
“The Energy Commission has the power, under the law, to prosecute those working without...
Group Profits of Ghana Oil Company Limited (GOIL) increased by 21 percent to GH¢65.1million in 2017. GOIL as a company also recorded a profit after tax of GH¢39,335,000 compared to the GH¢35,256,000 recorded in 2016
GOIL also paid GH¢1.128bn as taxes and levies to government during the same year.
This was...
BxC Consortium, one of the two companies that was in the running to take over management of the Electricity Company of Ghana (ECG) under the Millennium Challenge Account Compact II, has declared its intention of seeking legal redress following its disqualification from the race to take over the power...
Kicks out BXC before announcing winning bid
Meralco emerges sole contender and adjudged winner
Contrary to claims by the Millennium Development Authority’s (MIDA) that the two companies which bid for the ECG concession were both evaluated on their merits, it has emerged that one of the finalists - BXC...
Stakeholders in the energy sector have been educated on the need to leverage cutting edge technology to ensure reliable, affordable and sustainable power generation to fuel the economy.
This came to light at the Ghana Industrial Customer Workshop organized by Siemens Ghana under the theme “Electrification as a catalyst for...
Even though Meralco Consortium led by the Manila Electricity Company of the Philippines has been selected by the Millennium Development Authority (MiDA) to manage the state-owned power provider, Electricity Company of Ghana (ECG), under the Power Compact II agreement, it has emerged that the government of Ghana reserves the...
