In Ghana, the Grid Company Limited (GRIDCo) recently held its sixth annual general meeting wherein Power Minister, Dr Kwabena Donkor supported the government’s position on the setting of a realistic and attractive tariff for the power sector.
The move aims to strengthen and address the under-investment in the generation, transmission and distribution of utility services, reports Ghana web.
The minister based his support on the belief that the financial losses which the utility companies are suffering “is good money” that could have been used to run the companies more efficiently.
Donkor commended the leadership of the national transmission utility, for pulling through despite the challenges the sector has been experiencing.
GRIDCo Chairman Alhaji Huudu Yahaya highlighted the core problems of the power supply deficits as gas and crude oil shortages, plant breakdown as well as plant shut downs for maintenance. All of this contributed to the drop in total volume of energy transmitted.
GRIDCo is currently engaging in activities aiming to create a stronger and more determined National Interconnected Transmission System, which will serve the growing demand for electricity.
New projects underway
GRIDCo’s CEO William Amuna gave an update on the projects which the company has undertaken including the Smelter II substation, the Sunyani-Mim line upgrade, the Ghana-Togo-Benin interconnection, the Kpandu-Kadjebi transmission line, the 330kV Kumasi-Bolgatanga line as well as the 225 Bolgatanga-Ouagadougou interconnection.
Nigeria threatens to cut gas export to Ghana
In further news affecting Ghana, the West African Gas Pipeline Company (WAPCo) and various stakeholders have been in discussion around an outstanding debt of $181 million owed by Ghana to Nigeria.
The Ghanaian Ministry of Power and government delegates have been engaged in talks with WAPCo, N-Gaz, a Nigerian consortium and other stakeholders in a bid to avert the cessation of gas exports from Nigeria.
“There appears to be a will by all the parties to resolve the issue without the flow of gas being cut off,” said Harriet Wereko-Brobby, WAPCo spokeswoman.