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World Bank twisting the facts on IPPs, PPA guarantees – Alex Mould counters


play videoFormer GNPC boss, Alex Mould
Former Head of the Ghana National Petroleum Corporation (GNPC), Mr. Alex Mould, has challenged a rejoinder from the World Bank which sought to portray that he lied about the international financial institution providing guarantees to four Independent Power Producers (IPPs) to cover Power Purchase Agreement (PPA) under the erstwhile John Mahama administration.
According to him, the IPPs he referred to were not those emergency power barges (‘Dumsor’ power barges) that were signed between the periods of 2014 to 2016 but were of the four IPPs which are yet to start producing power including the Amandi, Early, Ghana Power Generation Company (GPGC) and one other which the WB was directly involved in their selection. ....

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