Audio By Carbonatix
Government will in the next five years invest a total of GH¢ 2 billion in the production of electricity in the country.
This is geared towards improving the quality of services in the production and supply of electricity across the country.
This was revealed by Energy Minister Joe Oteng Adjei at a press briefing in Accra on Tuesday.
Asked where the government will raise the amount, the minister said with the goodwill the government is currently enjoying, it should be possible to raise such an amount over the five year period.
The minister hinted a reduction in government subsidy on electricity tariffs consumption in the country.
According to the Public Utility Regulatory Commission government currently spends GH¢1.52 million per month in subsidising electricity in the country, a phenomenon he said does not augur well for the country.
He said electricity consumers must be prepared to pay more for every unit of electricity consumed in exchange for quality service delivery across the country.
The Electricity Company of Ghana and the Volta River Authority are to benefit GH¢ 1 billion each from the proposed investment.
Meanwhile, officials of the Electricity of Ghana have attributed a trip in the generation units at Akosombo for the total black-out that engulfed residents in Accra and Tema.
Story by Nathan Gadugah/Myjoyonline.com
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
-
African Armwrestling Championship 2026: Florence Boakye Mensah wins gold, silver at Borteyman; books African Games spot
10 minutes -
DJ Bridash powers E.L. to shut down London with electrifying performance
18 minutes -
Inter beat Parma to clinch Serie A title
2 hours -
Kumasi Ridge faces temporary outages as ECG begins transformer upgrade from May 6th to 9th
2 hours -
Concern for jailed Iranian Nobel laureate Narges Mohammadi as brother fears she is dying
2 hours -
Kenya battles to stop the ‘goons and guns’ as fears of political violence grow
2 hours -
Two US service members reported missing in Morocco, officials say
2 hours -
Shakira thrills a crowd of 2 million with free concert on Brazil’s Copacabana beach
2 hours -
Police officer lowered into crocodile-infested river to recover human remains
2 hours -
Musk’s AI told me people were coming to kill me. I grabbed a hammer and prepared for war
2 hours -
Barca eye historic El Clásico truimph after Real Madrid win
3 hours -
Slot’s VAR fury but loss highlights Liverpool issues
3 hours -
Eddie Howe set to stay in charge of Newcastle after summit
3 hours -
Beijing 2027: Ghana Athletics vows to solve concerns raised by 4x100m relay team after qualification
3 hours -
Barcelona beat Bayern to reach Women’s Champions League final
3 hours