Ghana’s hopes of raising a debt without sovereign guarantee did not yield the expected results, and the outcome has been met with mixed reactions from industry and academia.
A statement from ESLA Plc. - the Special Purpose Vehicle (SPV) established to raise the bond with backing from the Energy Debt...
The National Petroleum Authority (NPA) has officially launched its National Petroleum Safety Campaign to raise awareness on adherence to safety protocols in the petroleum downstream sector, under the theme ‘People Safety First’.
Speaking at the launch, Chief Executive of the NPA Alhassan Tampuli said since April this year, the authority...
Power producer, Sunon-Asogli and other local independent power producers would have produced a combined megawatt of 560MV of power as against 230MV from Ameri Energy, Energy Minister, Boakye Agyarko has suggested.
“We would have been better for example pushing to make sure the Sunon- Asogli project was completed and then...
The Energy Commission is to implement the electrical wiring regulations which will ban uncertified electricians from operating in the country, its Associate Programmes Officer, Stephen Yamoah has said.
“Very soon all electricians would have to be certified by the Energy Commission, go through an examination before you are certified, if...
Africa gas market tiny but growing fast
Electricity generation is main growth driver
Unified pricing system tough in undeveloped markets
Africa should develop a gas pricing index based on the cost of electricity set midway between existing global benchmarks to ensure fairer pricing in new export projects on the...
The first tranche of GH¢6 billion of the GH¢10 billion energy bond, which saw bids open yesterday, is expected to deepen the local corporate bond market.
With a total of GH¢36.64billion corporate and government bonds and notes listed on the Ghana Stock Exchange (GSE), only GH¢570.55million - representing 1.56 percent...
An issue under current discussion is whether Ghana should add the ESLA-backed Energy Bond it is about to issue to public debt, instead of remaining on VRA’s Balance Sheet—as assigned to a special purpose vehicle (SPV) called ESLA Plc.
ESLA means Energy Sector Levy Act, 2015 (Act 899). Ghana has...
Mr. Benjamin Boakye, Executive Director of African Centre for Energy policy (ACEP), has said more than 700, Ghanaian businesses have in the past 10 years registered with the Petroleum Commission.
Mr Boakye said this during the 6th public session of Citizens Advisory Council in Takoradi.
The session was organised by Western...
Dr Kwabena Donkor, former Minister of Power, has said that there is still an opportunity for government to engage AMERI Energy over possible review of the terms of the power purchase agreement.
According to him, it was wrong for the government to criminalise other parties in the deal before engaging...
AMERI Energy has said it gave Ghana value for money in the US$510 million power plants it supplied the country during the acute power crisis.
AMERI, in a statement ahead of a scheduled meeting with the Energy Committee of Parliament, said even though they are confident of the integrity of...