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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 the past few years, there has been a tussle between the IPPs and government overpayment for power generated the cost of which runs into several billions of Ghana cedis.
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 challenge they could not immediately ascertain the cause of the unfortunate total system shutdown in the country. However, on the 8th of March 2021 GRIDCo released another press statement this time around to explain to the public the cause of the system shut down on the 7th. It indicated that a technical fault on one of the major transmission lines between Prestea and Obuasi which led to an o
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.