29
Nov
Independent Power Producers (IPPs) have hinted they may soon shut down production of power due to their inability to reach an agreement with the government over the restructuring terms of debt owed them. The IPPs, on July 1, suspended a threatened shutdown after it said it had reached an interim deal with the Electricity Company of Ghana over the arrears. But three months down the line, the Chief Executive Officer (CEO) of the Chamber of Independent Power Producers, Dr. Elikplim Apertorgbor is warning of a looming power crisis over the lack of progress in the negotiations. “We received some indications…