
Audio By Carbonatix
Government says even though its doors are open to private individuals who want to invest in the energy sector, investors must play along its regulations to avoid the citizenry being exploited, a Deputy Minister of Energy, Emmanuel Armah-Kofi Buah, has said.He has therefore called on capable corporate institutions and individuals interested in the sector, especially in renewable energy, to complement government’s effort to solve the energy crisis that has bedeviled the country for years.Speaking on Africa Kicks, a BBC programme broadcast live in Accra on Wednesday, which focused on African’s electricity problem, Mr Buah reiterated inasmuch as government would welcome independent power generators, “government is always going to have the responsibility to protect the vulnerable in society”.He also assured investors that government would provide a level playing field to enhance competition.“We have to make sure that the playing ground is level so that people who have money to invest are able to compete, we have to make sure the regulatory framework is right for the competition to take place… From what the government is doing right now, the playing field is clear now.”On renewable energy, Mr Buah said a bill to that effect is currently being considered by cabinet.“The Ministry of Energy as a policy says that we are going to increase renewable energy in our energy needs from one per cent to 10 per cent in a medium term within five years. We are going to do that by giving incentives to real estate developers. We are going to require government institutions [and] health centres to use renewable energy sources.”
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
-
NACOC to roll out new drug detection scanners at Accra International Airport
2 minutes -
Odaw River dredging to be completed in December 2027 – Housing Minister
2 minutes -
Ivory Coast coach slams ‘racist’ comments made by former Germany star Bastian Schweinsteiger
3 minutes -
Dome-Kwabenya MP distributes fertilisers to farmers to enhance food production
20 minutes -
Beyond Sight: How visually impaired Ghanaians are experiencing the World Cup
38 minutes -
World Cup: Ibrahim Mahama hails Black Stars, promises cash reward
44 minutes -
Drivers, commuters demand urgent repairs to deplorable Adjei-Kojo-Kanewu road
50 minutes -
Dome-Kwabenya MP warns against sale of distributed fertilisers as farmers receive support
51 minutes -
GPSCP II, UCC and USIBRAS partner to strengthen skills in Ghana’s cashew industry
51 minutes -
TECNO’s EllaClaw AI introduces smarter device management, personalised digital assistance
53 minutes -
Enimil Ashon writes: Must we wait till Ken Agyapong gets angry enough?
1 hour -
President Mahama appoints three Deputy Comptroller-Generals for GIS
1 hour -
GHS debunks claims that insecticide-treated nets are harmful
1 hour -
New synthetic drugs, cocaine and meth booming, warns UN
1 hour -
Reparatory justice is about accountability, not sentiment – Asiedu Nketiah
2 hours