Audio By Carbonatix
The Deputy Energy Minister, Andrew Egyapa Mercer, has assured the general public that the government will continue making the requisite investment in the energy space.
This follows recent concerns about the return of dumsor in the face of frequent power outages that have hit the country.
The Minister for Energy, Dr. Mathew Opuku Prempeh had earlier raised concerns about an imminent impact on electricity supply due to a shortage of gas for production.
According to him, the issue is a result of excessive dependence on gas plants, which differs from the past reliance on liquid fuel to support energy generation.
Dr. Prempeh explained that the country is currently grappling with a double predicament, where a complete shift towards a gas-based system has left the power infrastructure vulnerable, and any interruption in the gas supply will lead to a shutdown of all power-generating systems, resulting in a complete blackout across the country.
Responding to similar concerns, Egyapa Mercer said to avert any future major disruption; the government has been making the requisite investment in the energy sector from generation all the way through transmission and distribution.
He noted that while the government is battling some problematic contractual frameworks signed by the Mahama administration in the energy sector, the ministry has put in place measures to drive up revenue generation in that sector and ensure utmost efficiency.
“And yes I agree, there has to be a lot of work with respect to ECGs collections, we’re doing a lot of interventions with respect to giving them resources to procure more prepaid, [we’ve] gotten support from the World Bank to enable them do more billing and collection,” he said.
Mr. Mercer further added that other issues are being timeously fixed to stem the current challenegs facing the sector.
“I’m saying that generational capacity we’ve had no issues there, we’ve had some challenges with fuel delivery and transportation, that’s been resolved, we’re looking to improve the cash waterfall mechanism continuously to ensure that whatever resources that come in everybody in the value chain gets it.
“ECG has gone into an arrangement with all the IPPs to pay them a certain guaranteed amount of money per month, 43 million dollars per month. At least from July or so consistently they’ve been paying that money.
“We’ve had conversations with ministry of finance to support them in paying the local generators and transmission companies some additional support so that they also can survive.
“But yes I agree, looking at a comprehensive reform of the ECG system to ensure that we are able to collect as much of the money that they bill to ensure that everybody else in the value chain is paid,” he said.
Latest Stories
-
The net economic effect of recent policy changes in Ghana (2024–2026)
54 minutes -
NPP Election Committee confers with Akufo-Addo as road to presidential primaries intensifies
2 hours -
Parkinson’s targeted for ‘Mahama Cares’ integration – Deputy Minister of Health
2 hours -
Dr Apaak meets stakeholders to resolve UG fee hike dispute
3 hours -
Ofori-Atta has applied to become a US permanent resident through his son – Martin Kpebu claims
3 hours -
Trump says US needs to ‘own’ Greenland to prevent Russia and China from taking it
3 hours -
Trump seeks $100bn for Venezuela oil, but Exxon boss says country ‘uninvestable’
4 hours -
Trump warns of more Nigeria strikes if Christians ‘continue to be killed’
5 hours -
AFCON 2025: Who are the top scorers?
5 hours -
AFCON 2025: Morocco roar past Cameroon to reach semis; Ndiaye strike sends Senegal into last four
6 hours -
Dumelo targets total road coverage for Ayawaso West Wuogon by 2028
6 hours -
Lambussie MP honours health workers, donates medical equipment
6 hours -
Franklin Cudjoe requests Parkinson’s inclusion in ‘Mahama Cares’ and NHIS amid shortage of specialists
7 hours -
NADMO launches nationwide market safety overhaul following Kasoa inferno
7 hours -
Ambassador Victor Smith holds talks with Chinese Ambassador on deepening bilateral cooperation
8 hours
