By Dominic Hlordzi
The operators of Karpowership Plant located at Aboadze in the Western Region have notified the Government that it will not be able to continue with the supply of power if the debt owed to the company is not settled immediately.
This was made known at a meeting between the Minister of Energy and Green Transition, Mr. John Jinapor, and officials of the Karpowership barge at the Ministry.
The Electricity Company of Ghana owes the company a staggering $379 million dollars.
In response, Mr. Jinapor appealed to the operators of the plant to exercise restraint while the new administration explored alternatives to settle the bills.
Ghana’s energy sector is facing a critical challenge with its debt burden escalating to over $3 billion as of January 12, 2025.
The IMF has raised several red flags cautioning that the Government needed to undertake far-reaching reforms to save the sector from imminent collapse.
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