ECG required $200m per year to meet the power supply demand
Mr. Emmanuel Armah-Kofi Buah, the Minister of Energy stated that the Electricity Company of Ghana (ECG) needed $200 million per annum to balance the investment shortfall in last years to meet the electricity demand. As currently it has been grown to an average of 10 per cent annually.
He gave this statement while he was inaugurating an office of ECG newly built in Kumasi at Abuakwa.
He stated the government is aware of demanding nature of energy zone, it also trying to find out the new ways to secure significant resources to make sure the continuous energy supply.
Moreover, he added that government is pretty much concerned about solving the energy supply problems as it knows it’s all good and bad impact on all areas like economy, business and quality of life.
In this regard before the end of first three months of 2015 the government will restore the VRA plants at Aboadze power sector to full operation, Mr. Buah stated.
Minister of Energy Mr. Buah further added that, in the central term, the government has planned to carry a 240-megawatt Amandi Plant and a 360-megawatt Jacobson Plant at Aboadze and in Tema a 350-megawatt Cenopower Plant by 2017.
Mr. Robert Dwamena, managing director of ECG explained that without a break company is trying to fulfill its duties in favor of electricity distribution by working on many capital investment projects.
Copyright © 2019 Ghanalive.TV. All Rights Reserved.