Increment of Tariffs To Take Effect From October 1 Consumers of electricity and water will now have to pay up to 52 % more for water and 78.9% more for electricity. The Public Utility Regulatory Commission (PURC) announced the new tariffs at a press conference in Accra on Wednesday. According to the Commission, the new tariff increment is scheduled to […]
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Utility Tariffs To Be Increased By 150%. Barring any hitches, utility tariffs are expected to be increased up to 150%. According to the Public Utilities and Regulatory Commission (PURC), consumers will have to bear the cost. The Volta River Authority (VRA) requested for an increment in its tariffs by 137.5%.
VRA To Issue $500 million Bond Next Year The Volta River Authority (VRA) has disclosed that it will early next year issue a bond to raise about $500million. This is will be the first time in the history of the country that a utility provider will be issuing a bond.
Electricity Company of Ghana (ECG) lost 26.6 per cent of power it purchased from the Volta River Authority for distribution to its customers in 2011, in the midst of an imminent increase in electricity consumption cost, the Auditor-General has revealed. The total losses translated into a whopping GH¢478.88 million, since every one per cent of system loss incurred by the […]
Ghana To Export Electricity To Burkina Faso, Mali President John Dramani Mahama has hinted Ghana’s readiness to transmit excess electricity to Burkina Faso and Mali as soon as work on the West Africa Gas Pipeline and Power Pool Project (WAGP) was completed. He has also promised to expand trade and commercial activities with Burkina Faso by increasing the evacuation of […]
ECG’s Split Metering System Hikes Power Bills A couple of months ago, two technicians of the Electricity Company of Ghana (ECG) arrived at Teshie Tsuibleoo in Accra to execute their job for the day, not knowing what was in store for them. The two men, assigned to replace pre-paid meters with new split meters in some houses, were accosted by […]
GRIDco Pledges To Improve Power Supply The Ghana Grid Company Limited (GRIDCo) has celebrated its fifth anniversary with a pledge by the management to provide efficient and reliable transmission network across the country. The Acting Chief Executive of GRIDCo, Dr Thomas Wobil Ansah, said over the past five years, the company had not only expanded physically as an institution but […]
Takoradi: Aboadze Thermal Plant Explodes. XYZ News has gathered reports that part of the Aboadze thermal plant in Takoradi in the Western region has exploded. The centre of the plant, known as the Switch yard is where the fire started around 8:30. The cause of the fire is not known but internal fire officials subdued the blaze. Eyewitnesses tell XYZ […]
World Bank: ECG Board Lacks Managerial Competence. The World Bank has criticized the board of the Electricity Company of Ghana (ECG) saying, the members lacks the competence to manage the company efficiently. A report from the World Bank stated that the board members of the ECG lack managerial competence. This, the World Bank reckons has resulted in the company’s mediocre […]
CEPA Cautions PURC On Tarrif Increment. The Centre for Policy Analysis (CEPA) has called on the Public Utilities and Regulation Commission (PURC) not to rush into giving into the demands of tariff increment being demanded by the utility providers.
Emergency Load Shedding Ends. The off-peak load shedding exercise started last week has ended on Tuesday June 4. Power providers started an emergency the load shedding exercise following delays in the delivery and processing of crude. It created a power supply deficit of more than 200 megawatts.
ECG Repairs Burnt Substation. Portions of the Achimota substation which got burnt on Sunday, leading to a blackout in parts of Accra, has been repaired, says the Public Relations Manager of the company. Mr William Boateng told the Daily Graphic in Accra that the company worked around the clock to restore power to all affected areas early Monday morning.