Sunon Asogli Archives - Wontumi Online

04 Nov

Finance Ministry Directs Controller General To Pay $30 Million To Sunon Asogli – Report

wontumionlineBusinessController General, Finance Ministry, Sunon Asogli

The Ministry of Finance has issued a directive to the Controller and Accountant General's Department to pay a $30 million debt owed to Sunon Asogli, an Independent Power Producer. This notice, according to norvanreports.com is part of a new agreement aimed at resolving the debt issues that led to the shutdown of Sunon Asogli's 560-megawatt power plant. The initiative comes amid concerns by power consumers who believe that Ghana could face a potential power crisis, known as "dumsor," which is likely to impact the country's economy. Meanwhile, the spokesperson for Sunon Asogli, Dr. Elikplim Apertogbor, has expressed concerns about the…

29 Oct

Finance Minister Announces Agreement Reached With Sunon Asogli

wontumionlineBusinessMohammed Amin Adam, Sunon Asogli

Ghana’s power supply is anticipated to stabilise following a recently renegotiated agreement between the government and Independent Power Producer, Sunon Asogli. The new deal, announced by Finance Minister Dr. Mohammed Amin Adam, seeks to resolve power disruptions that arose from a financial impasse between Sunon Asogli and the Electricity Company of Ghana (ECG). Sunon Asogli’s 560-megawatt power plant had been shut down since October 16 due to ECG’s substantial outstanding debt, estimated at $259 million as of September 2024. The power producer cited this unpaid amount, which excluded fuel costs, as the primary reason for halting its operations, causing financial strain and…

16 Oct

Sunon Asogli Power Shuts Down Due To $259M Debt Owed By ECG

wontumionlineNewsECG, Sunon Asogli

Sunon Asogli Power Ltd has announced the shutdown its operations due to the inability of the Electricity Company of Ghana (ECG) to pay its $259 million debt. The company in statement released on October 16, 2024 said it was compelled to shut down on October 8, at 5 PM due to the debt. “This difficult decision was necessitated by our inability to fund our operations because of the failure of the ECG to honour their overdue payment obligations and their various promises to that effect”, the statement said. It explained that Sunon Asogli Power has over the years been very considerate…

07 Mar

Workers Of Sunon Asogli Will Have Their Jobs Restored – Mineworkers’ Union Assures

wontumionlineBusinessSunon Asogli

The Ghana Mineworkers’ Union says they will follow due process to restore the jobs for Sunon Asogli workers whose jobs were unlawfully terminated. Some workers of the Company have been sanctioned over moves to unionize. These workers were fired after they were charged by the company for ditching work to attend a union meeting and also staging a demonstration against the company. According to the company, the workers embarked on an illegal demonstration and were unhappy with the attempts by the workers to join Ghana Mines Workers Union. Commenting on the issue on Starr News, the General Secretary of the…