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Friday, November 15, 2024

The Hidden Truth Behind Ghana’s IPP Payment Controversy

The Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has criticized the Minority in Parliament for accusing the government of selective payment of debt owed to Independent Power Producers (IPPs).

The Ranking Member on the Mines and Energy Committee in Parliament, John Abdulai Jinapor, had accused the Ministry of Finance of discriminating against some IPPs in the release of payments, while paying only certain “preferred” IPPs.

These accusations followed a threat by the Chamber of IPPs to shut down all plants if the over $1.7 billion debt owed them by ECG was not settled. The issue has since been resolved, with the IPPs being partially paid of their debt.

In response to the Minority’s statement, Mr. Dubik Mahama described it as “unfortunate” and “unfair,” particularly since negotiations were still ongoing. He emphasized that not all IPPs were the same, and that each one needed to be assessed individually. He cautioned that making such statements in public could hinder ongoing negotiations and cause unnecessary tension.

While Mr. Dubik Mahama did not provide specific details on payments made to individual IPPs, he stressed that the issue was being addressed and that the ECG was committed to finding a solution that was fair and equitable for all parties involved.

The issue of debt owed to IPPs in Ghana is a complex one, and it is important for all parties involved to work together to find a solution. Accusations of selective payment and discrimination only serve to hinder progress and create unnecessary tension.

It is important for all stakeholders to approach this issue with an open mind and a willingness to work together to find a solution that benefits everyone involved.

For more information on this topic, you can read the original article that inspired this piece by clicking on the following link: [https://3news.com/ecg-boss-blasts-minority-over-ipp-comments/]. We hope you find this additional resource informative and helpful.

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