Audio By Carbonatix
The fate of the Bui hydroelectric power project hangs in a balance following a delay in the release of funds by donor agencies. Chief Executive Officer of the Bui Power Authority, Jabesh Amissah Arthur, has expressed fears this may affect the 2013 completion date for the third major dam in the country after Akosombo and Kpong dams.
Mr. Amissah Arthur told Joy News foreign financiers’ of the project are reluctant to release funds due to an unsolved administrative lapse on the part of the country.
He said there are problems with funds even though the money is still available to be accessed.
“The loans are available but there are problems with the disbursement procedures… efforts are being made to resolve the administrative bottlenecks.”
He said the implementation of the project is still ongoing but they are still waiting for the flood waters to recede for full scale work to begin.
“The main dam is progressing well. We are right now about 90 percent complete on the main damn itself. The focus now will shift to the power house and the installation of the equipment as well as the construction of the transmission lines,” Mr Amissah Arthur explained.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Budget constraints, delayed funds driving misuse of single-source procurement — Expert
8 minutes -
Mpatasie leaders dismiss claims of missing black stool, warn against misinformation
18 minutes -
Okatakyie Afrifa-Mensah pays nomination fees for 730 NPP delegates in Afigya Sekyere East
22 minutes -
Viatris takes erectile dysfunction awareness to Accra streets, urges men to speak up
27 minutes -
Anlo MP urges action as $150m sea defence project stalls
32 minutes -
Sadia Sanusi is turning her maternal heritage into modern fashion
34 minutes -
Lordina The Soprano readies new single and exclusive London experience
35 minutes -
ECG boss apologises over persistent power outages, assures swift action
48 minutes -
2028 elections: NDC will split votes with NPP in Ashanti region – Asiedu Nketia
59 minutes -
Gov’t approves payment plan for GES salary arrears spanning 2024 to 2025
1 hour -
24-hour Economy Secretariat, COA forge blue economy partnership to transform Volta Lake aquaculture sector
1 hour -
Decline in petroleum revenue expected – Samuel Bekoe
1 hour -
Beyond the Rhetoric: Reimagining Britain’s asylum and immigration framework
1 hour -
Ghana recorded 78,909 deaths in 2025 – Local Government Minister
2 hours -
GES secures approval for payment of salary arrears to newly recruited teachers
2 hours