ECG

ECG Disconnects Kejetia Market Again Over GH¢7M Debt
14 Aug

ECG Disconnects Kejetia Market Again Over GH¢7M Debt

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The Kumasi City Market, commonly known as the New Kejetia Market, has been disconnected from the national grid by the Electricity Company of Ghana (ECG) due to unpaid arrears exceeding GH¢7 million. Although a prior agreement was made to settle the debt, ECG said the market has defaulted on the payment plan, prompting the disconnection. In April 2024, the market faced a similar power outage, which was resolved after management assured their commitment to clearing the debt. Despite the creation of a payment plan, ECG maintains that the market has not adhered to it. Meanwhile, the market’s management, led by…
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ECG, Nine Others Owe GRA Over GH¢1 Billion In Unpaid Taxes
29 Jul

ECG, Nine Others Owe GRA Over GH¢1 Billion In Unpaid Taxes

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Some ten state institutions, including the Electricity Company of Ghana (ECG) and the Ghana Airports Company Limited (GACL), are reported to owe the Ghana Revenue Authority (GRA) over GH¢1 billion in unpaid taxes. According to officials from the revenue arm of the government, some of the mentioned institutions that remain viable have expressed their commitment to paying the taxes. This information was revealed when officials from the GRA appeared before the Public Accounts Committee on Monday, July 29, 2024. “GACL and Graphic Corporation currently have cash flow challenges. They have informed us that we need to grant them a moratorium to allow…
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ECG Gets Third Board Chairman In Under 6 Months
17 Jul

ECG Gets Third Board Chairman In Under 6 Months

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President Nana Addo Dankwa Akufo-Addo has appointed Alexander Kwamina Afenyo-Markin, the Majority Leader and Member of Parliament for Effutu, as the new Board Chairman of the Electricity Company of Ghana (ECG). This marks the third appointment to the position in the last six months, following the departures of Keli Gadzekpo and Herbert Krapa. The appointment was announced in a letter signed by the President's Secretary, Ambassador Nana Asante Bediatuo. In March, Keli Gadzekpo resigned as ECG board chair for personal reasons. He was succeeded by Herbert Krapa, the deputy energy minister, who was later appointed and confirmed as Minister of State at the Energy Ministry.…
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GRIDCo And ECG Announce Three-Week Interruption In Power Supply
14 Jun

GRIDCo And ECG Announce Three-Week Interruption In Power Supply

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The Ghana Grid Company Limited (GRIDCo) and the Electricity Company of Ghana (ECG) have announced potential load management measures for the next three weeks. In a joint statement issued on Thursday, June 13, the companies explained that this measure is necessary due to maintenance work by a Nigerian gas supplier, expected to last three weeks. The statement noted, "The maintenance has led to a reduction in Ghana's overall power generation capacity, possibly necessitating load management during this period." They further explained that recent power interruptions in parts of the country, experienced since June 12, are due to the decreased gas supply…
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ECG Fully Complies With Cash Waterfall Mechanism For The First Time
27 May

ECG Fully Complies With Cash Waterfall Mechanism For The First Time

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The Public Utilities Regulatory Commission (PURC) has announced in its latest validation report that the Electricity Company of Ghana (ECG) has fully adhered to the Cash Waterfall Mechanism (CWM) for March 2024 payments. This compliance follows intense scrutiny and criticism from both the media and the PURC, which have been vocal about ECG’s failure to fully comply with the CWM since its revision in August 2023. According to the report, ECG garnered a over GHS 1 billion for March 2024, which was allocated to settle invoices from January 2024. Of this revenue, ECG disbursed GHS 620 million ($52 million) to…
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Bawumia Attributes ECG Revenue Surge To Digitalization, From ¢450M To Over A Billion
10 May

Bawumia Attributes ECG Revenue Surge To Digitalization, From ¢450M To Over A Billion

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Vice President Dr Mahamudu Bawumia has revealed a significant surge in revenue collection at the Electricity Company of Ghana (ECG), attributing the boost to government-led digitalisation initiatives. Highlighting the impact of digitalisation on revenue collection, he noted that the Company’s monthly revenue soared from GH¢450 million to over a billion, underscoring the effectiveness of digital tools in enhancing operational efficiency. Addressing attendees at the 14th Commonwealth Regional Conference for Heads of Anti-Corruption Agencies in Africa, Dr Bawumia stressed the importance of leveraging digital tools in the fight against corruption, urging other member states to adopt Ghana’s approach. The NPP flagbearer…
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Power Crisis Is Not About Money – NPP Manifesto Committee Member
24 Apr

Power Crisis Is Not About Money – NPP Manifesto Committee Member

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The Chairman of the New Patriotic Party's (NPP) 2024 Manifesto Committee on Energy, Kwadwo Nsafoah Poku, has debunked suggestions that the current challenges with power supply have been caused by the government's inability to purchase fuel. According to him, although the government has the resources to purchase fuel, gas suppliers, including Nigeria, failed to deliver the needed volume. Speaking on JoyFM’s Newsnight on April 23, the claims about lack of funding were merely propaganda being pushed by the opposition National Democratic Congress (NDC). “Stop buying into people’s propaganda...there is a simple propaganda that all of you have bought into which…
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Today’s ‘Dumsor’ Due To Rainstorm – ECG
23 Apr

Today’s ‘Dumsor’ Due To Rainstorm – ECG

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The Electricity Company of Ghana (ECG) has announced that the heavy rainfall experienced today, Tuesday, 23 April 2024, has caused outages within its distribution network. In a notice to customers in the Greater Accra Region, the ECG said its “Engineers are working assiduously to restore power supply to affected customers.” It urged customers experiencing power outages within their areas to contact its call center, report to the nearest ECG office or its social media handles. The power-distributing company emphasized “any convenience caused due to this natural occurrence is very much regretted.”
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ECG Board Fires PURC Over Fine
19 Apr

ECG Board Fires PURC Over Fine

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The Board of the Electricity Company of Ghana (ECG) have responded to the GH¢5,868,000 fine Public Utilities Regulatory Commission (PURC) for the company’s failure to provide a load-shedding timetable. The Public Utilities Regulatory Commission (PURC) on April, 16, imposed a GH¢5,868,000 fine on ECG for its failure to comply with the statutory notice on notification and publication of planned outages, as required by Regulation 39 of LI 2413. The Board members of ECG who were in office from January 1 to March 18, 2024 are required to pay the fine into a dedicated fuel account jointly controlled by the Ministry of Energy and the Ministry of Finance…
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ECG Boss Decries Dumsor Requests From GRIDCo
09 Apr

ECG Boss Decries Dumsor Requests From GRIDCo

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Samuel Dubik Mahama, the Managing Director of the Electricity Company of Ghana (ECG), has voiced concerns over the increasing frequency of load management requests made by the Ghana Grid Company (GRIDCo), citing customer disturbance and irritation as a result. In response to GRIDCo’s complaint to the Minister of Energy, Dr. Matthew Opoku Prempeh, regarding ECG’s alleged non-compliance with load management requests, Mr. Dubik Mahama emphasized the disruptive impact these routine requests have had on customers. In his letter dated April 5, Mr. Mahama expressed, “Requests from GRIDCo for load management have transitioned from emergency operations to daily occurrences, causing inconvenience…
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