Karpowership Ghana has dismissed claims that it is responsible for the recent power outages in the country, insisting it has not shut down its operations.

The power generation company confirmed that it continues to operate at full capacity as it works to meet the nation’s energy demands.

Speaking to JoyBusiness, Karpowership Ghana stressed that it is operating within its limits to ensure a stable power supply, reaffirming its commitment to providing reliable and consistent electricity to the country.

The Corporate Communications Manager at Karpowership Ghana, Sandra Amarquaye clarified that the company is dedicated to contributing positively to Ghana's energy sector and remains focused on delivering continuous power generation.

On debt negotiations, Amarquaye said Karpowership Ghana is already in negotiations with the government regarding outstanding debts.

Karpowership, which currently produces about 450 megawatts of electricity to the national grid is owed over $370 million by the power distribution company, the Electricity Company of Ghana (ECG). The company, which has been a key provider of electricity in the country, confirmed that it is open to finding a mutually beneficial solution to address financial obligations that have accumulated over time.

The company acknowledged the challenges faced by the government in managing fiscal pressures and expressed hope that discussions would lead to a favourable outcome for both parties.

“We understand the financial difficulties faced by the government and are open to dialogue to resolve the issues in a way that works for both sides,” she said.

“Our primary goal is to ensure that power generation continues without disruptions, which is vital for the nation’s development.”

This response comes after increasing concerns over the government’s capacity to meet its obligations to energy producers amid rising costs and fiscal constraints. The negotiations mark a potential turning point in addressing the energy sector’s financial challenges.

Karpowership Ghana operates a fleet of floating power plants with a total production capacity of around 450 MW (megawatts). These power plants are part of the larger Karpowership network, which provides electricity to support the national grid, especially during periods of energy demand.