
Audio By Carbonatix
Government’s promise to bring in 450megawatts of power by April to ease a painful power crisis is unofficially impossible.
Karpower in Turkey has been negotiating with Ghana government to bring in 450megawatts by April.
Although Parliament granted approval for the deal in March, it will take at least 90 days before Karpower ships crucial emergency power to Ghana's shores.
At the moment, the Finance Ministry is yet to issue Letters of Comfort which should provide financial guarantees to the Turkish power company before they can build, operate and transfer the power to Ghana.
Asked if the April deadline is feasible, Minority MP, William Owiredu, told Joy News, “absolutely not….I will put my head on it.”
The disappointment will not be new to Ghanaians nor will it be surprising to the African Center for Energy Policy (ACEP) which had predicted that the April deadline was doubtful.
ACEP says the deal is fraught with too many guarantees from the Turkish partners and suspects that Government will not be able to meet the conditions.
Even worse, ACEP has maintained, it is a bad deal.
More soon
Latest Stories
-
I’ve never come across a woman that strong – Baffour Awuah recounts botched EOCO arrest
2 minutes -
Netherlands to return to Eurovision after 2026 boycott
21 minutes -
Alan Kyerematen calls for more leaner government
31 minutes -
I will go when EOCO is ready to do the right thing – Baffour Awuah on disputed invitation
42 minutes -
Uproar in France over award-winning author accused of using AI
1 hour -
Mauritius backs Moroccan sovereignty as most credible solution to regional dispute over Moroccan Sahara
1 hour -
Trump’s Board of Peace unveils $2.45bn plan to begin Gaza’s reconstruction
1 hour -
I thought it was a kidnapping – Baffour Awuah explains dramatic escape from EOCO officers
1 hour -
Cedi depreciates by 9.5% in nine months of 2026 – BoG
1 hour -
Harvey Weinstein sentenced to 15 years in prison for sexual assault
2 hours -
Ghana’s public debt hit GH¢733.9 billion in July 2026
2 hours -
Dolly Parton’s manager accuses her nephew of ‘threats and intimidation’
2 hours -
“I don’t see any rational basis” – Inusah Fuseini rejects proposed five-year term
2 hours -
Constitution shouldn’t be amended simply because years have passed – IEA
2 hours -
Access Bank, Visa launch ‘Visa Accept’ in Ghana
3 hours