The Electricity Company of Ghana (ECG) has said it will release a document detailing in monetary terms, how much each electricity consumer is expected to get from the tariff reduction announced in March.
The leaflet, to be published on the company’s website and in newspapers, will simplify the percentages to...
The Ministry of Energy has entered into a rental agreement with Trojan Power Limited (TPL), a local independent power producer, to use parts of government’s diesel generator units to generate power for off-take by the Electricity Company of Ghana (ECG) for further distribution to customers.
This was contained in the...
It is indisputable that fossil fuels are unsustainable and environmentally-unfriendly. As part of her contribution to the December 2015 Paris accord, Ghana has set intended nationally determined contributions to help transform the world to a sustainable one. However, in transforming her economy characterized by numerous yet interrelated variables, certain...
Deputy Minister for Energy, Dr. Mohammed Amin Adam, has assured that the shutdown of FPSO Kwame Nkrumah in May this year will not affect power generation much.
“The shutdown is to allow maintenance works to be carried out, and I want to assure Ghanaians that there is no cause for...
Barring any hitches, the Electricity Company of Ghana will be handed over to a private entity by last quarter - as part of the conditions under which government accepted the under-US$500million Millennium Challenge Compact Two from the United States of America.
The Millennium Development Authority (MiDA) announced on Monday when...
National development, economic growth, infrastructure, industrialisation and manufacturing, share a common denominator; adequate and constant power supply.
Such regularity in power supply guarantees that industries that create employment and wealth, run on a twenty-four hour cycle. Despite years of lip service to building up power supply in Nigeria, the capacity...
The Ghana National Petroleum Company (GNPC) has pledged to support four universities with one million dollars for the promotion of science, technology, engineering and mathematics as key ingredients for capacity building.
Each of the four universities would receive US$250,000 annually for the next four years, is in line with the...
Vice President, Dr. Mahamudu Bawumia, has announced government’s ambition to embark on aggressive exploration in the upstream oil industry to revive the petroleum industry, accelerate discoveries and to replace the depleting oil reserves.
To that end, he said, the government would embark on Ghana’s first bidding round later this year...
Parliament has approved a request by the Ghana National Petroleum Corporation (GNPC) to secure a loan facility of US$500million to facilitate its operational activities.
Part of the loan facility will also be used to procure vessels to undertake fishing activities and also for the construction of an office complex in...
A Deputy Minister for Energy Mohammed Amin Adam has assured Ghanaians that, the shutdown of the Floating, Production, Storage and Offloading (FPSO) Kwame Nkrumah in May this year will not affect power generation and distribution.
According to him, enough plans have been put in place to ensure that, Ghana does...