Industries in Ghana are dreading the impact of load shedding on their business as the Electricity Company of Ghana (ECG) extends the power rationing exercise to industries.
Though most industries have psyched their mind for the unfavorable exercise after receiving prior notice of the load management, failure by the power distributor to follow a planned exercise could throw businesses out of gear, Chief Executive Officer of the Association of Ghana Industries (AGI), Mr. Seth Twum-Akwaboah has said.
He told Dzifa Bampoh on Joy FM’s Top Story Monday that though the Energy Ministry informed AGI about the impending exercise, they are yet to receive a planned time table to guide members.
The directive by the Energy Ministry for ongoing load management exercises to be extended to the country’s industrial zones started Monday, December 1, 2014. It is expected to run until the end of the year.
The Public Utilities Regulatory Commission says the exercise will ease the effect of the power rationing for residents.
Hitherto, businesses operating within the country’s industrial enclaves have been exempt from the load shedding. The AGI has issued a warning that the action will worsen an already difficult situation for local businesses and affect production.
“This is a difficult situation for members,” Mr. Twum-Akwaboah admitted. The AGI president said when members met over the issue, “they expressed serious concerns”.
He noted that the cedi depreciation earlier this year posed serious challenges to industries and just when the cedi seems to have stabilised and businesses are trying to recover, they are being confronted by the load shedding exercise.
Meanwhile, Joy News’ visit to the North Industrial Area in Accra revealed that manufacturers are not happy about the development at all.
They inist that even before their official enrollment into the exercise, they have been experiencing interrupted power supply.
Sonu-Gurbaksh Karamchandani, General Manager of Polytex Ghana, told Joy News’ Naa Deede Tettey the power fluctuation has affected his machines which have cost him a fortune to repair.
Latest Stories
-
Nsoatreman quitting the Ghana Premier League is unfortunate – Kurt Okraku
33 minutes -
Kwabena Agyepong urges NPP to choose flagbearer by December 2025
40 minutes -
MIPAD recognises young Ghanaian as one of the 2025 Global Top 50 in philanthropy and social impact
1 hour -
There is massive potential to improve the African game – Kurt Okraku
1 hour -
Kennedy Agyapong withdraws from NPP ‘Thank You’ Tour, citing security concerns
1 hour -
I relinquished WAFU presidency to focus on Ghana, CAF roles – Kurt Okraku
1 hour -
‘I don’t know about tomorrow’ – Kurt Okraku on future CAF ambitions
1 hour -
‘Is Mahama plotting a third term?’ – Minority alleges constitutional manipulation ahead of May 5 protest
2 hours -
‘I am more humbled than before’ – Kurt on being 2nd Vice President of CAF
2 hours -
CJ suspension: Mahama’s actions threaten rule of law and stability – Minority
2 hours -
‘We will not be spectators’, says Minority as they join protest to ‘Defend Ghana’s Democracy’
2 hours -
CJ suspension: Minority backs nationwide protest to defend Ghana’s democracy
3 hours -
Today’s front pages: Wednesday, April 30, 2025
3 hours -
Ghana’s record reserves will be prudently managed – BoG Governor assures
3 hours -
Okada on reset, make room to accommodate them, new rules in the offing
4 hours