Audio By Carbonatix
The Energy Minister, Dr. Matthew Opoku Prempeh, has confirmed that the load-shedding (Dumsor) schedule announced by the Electricity Company of Ghana (ECG), for parts of Accra that feed on the Pokuasi Substation, will end tomorrow, May 17 as scheduled.
Dr Prempeh, however, could not give a definite answer to the question of whether the schedule may be extended or not. Nevertheless, he said the purpose for which the schedule was drawn by the ECG has been accomplished.
"I can’t give you a Yes or No answer because I don’t know what will happen tomorrow but we are assured that the reason why they came up with that timetable, it ends tomorrow,” he told the media in Accra Sunday.
Meanwhile, the Minister has described all 40 Power Purchasing Agreements (PPAs) signed under the Mahama administration, amid the power crises between 2013 and 2015, as costly because they caused power tariffs to increase by over 200 percent.
Dr. Mathew Opoku Prempeh revealed that 3 of these PPAs have therefore been deferred under a renegotiated Take and Pay arrangement.
This according to him, saves Ghana 1.2 bn dollars each year.
Latest Stories
-
Trump threatens to target Iran’s bridges and power plants if Hormuz attacks persist
28 minutes -
Ghana not yet in digital trust crisis, but warning signs are emerging – Kwami Tamakloe
32 minutes -
Digital trust crisis looming if fraud concerns are ignored – John Awuah warns
33 minutes -
Mamdani backs off pledge to arrest Netanyahu citing lack of authority
40 minutes -
Banks’ NPLs drop to 16.1%, but credit risk remains key vulnerability
40 minutes -
Business, consumer confidence positive – BoG
52 minutes -
We don’t have a trust crisis – BoG urges vigilance against rising digital fraud
60 minutes -
GIPC now an authority
1 hour -
Mahama urges African leaders to turn health pledges into concrete investments
1 hour -
NPP Greater Accra Regional Organiser hopeful touts experience, grassroots mobilisation record
1 hour -
WHO warns Africa risks losing decades of health gains as external funding declines
2 hours -
Chief of Staff plants shea tree at Jubilee House to reaffirm government’s commitment to shea industry development
2 hours -
GCB Bank unlocks new pathway to credit with Tier 3 pension-backed loan
2 hours -
Mid-Year Budget: ‘MoU is not a payslip’ – Oppong Nkrumah questions gov’t jobs, economic claims
2 hours -
Prof Mills was ethical; some appointees exploited his weakness as his health declined – Prof Frimpong-Boateng
3 hours