A major problem that endangered the operations of Independent Power Producers (IPPs) has been resolved by the government through the restructuring of legacy debt owed to them.
This action seeks to stabilize the supply of electricity and guarantee sustainability in the energy industry.
Herbert Krapa, the Minister of State in charge of the Energy Ministry, claims that Ghana would succeed as a result of the debt renegotiation.
Krapa asked the power distributor to quickly resolve consumer complaints over meter acquisition and other matters in order to win back the public’s trust during a visit to the Electricity Company of Ghana’s (ECG) Accra West Regional headquarters.
In a similar event, Samuel Dubik Mahama, the managing director of ECG, refuted allegations that the new smart meters being implemented are intended to take advantage of consumers.
This comes after multiple concerns over the smart meters being installed as part of the Loss Reduction Programme’s (LRP) consumption rates.
Customers shouldn’t be concerned about the smart meters’ intended purpose, Mahama assured them; rather, they are meant to increase efficiency and accuracy.
