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Business24 Editorial: Deal with IPPs hangover - Vimarsana News

Business24 Editorial: Deal with IPPs hangover

Barely four years ago, the country was facing a debilitating power crisis Barely four years ago, the country was facing a debilitating power crisis with businesses practically on their knees. Through a collaboration between multiple stakeholders such as the independent power producers, the problem was largely resolved. But dealing with a problem of such magnitude was bound to be costly and rightly so with the IPPs needing to be paid for services rendered. Given the widespread inefficiencies in the power sector, it is emerging that debt is fast accruing to these private power generators. Over ...

Power crisis in Ghana: the past, present and the way forward - Vimarsana News

Power crisis in Ghana: the past, present and the way forward

Power crisis in Ghana: the past, present and the way forward Photo credit: medium.com On Sunday 7th of March 2021 when Ghanaians were still celebrating the 64th anniversary of independence, the country experienced a sudden total power shutdown throughout the country. This prompted the Ghana Grid Company (GRIDCo), the sole transmission company in Ghana to immediately release a press informing Ghanaians of the challenges it is facing. Part of the statement read " a challenge in the power system led to total system shutdown leading to an interruption in the power to all parts of the country". A ...

IPPs demand investigations into cause of power outage - Vimarsana News

IPPs demand investigations into cause of power outage

The Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDiB) is demanding a full-scale investigation into challenges in GRIDCo 39;s power system that led to a total power outage nationwide on Sunday, March 7, 2021.