Key sectors struggle under Ghana power crisis




ACCRA – GHANA’S power crisis is threatening the country’s economic backbone consisting of the processing, manufacturing and mining industries, a senior official has said.

Electricity Company of Ghana (ECG) Head of Operations, Tetteh Okine, said companies such as Coca-Cola and Unilever NV had already been affected while other companies were bearing the brunt.

“We have had a number of meetings with stakeholders – Industry and Chamber of Mines. We came out with certain agreements on load-shedding, hence the publication of a new timetable. We are going to observe how this time-table operates so that if there is the need to relook it we shall do so,” Okine said.

He said frantic efforts from his company, government and other stakeholders were being made to ensure that the load shedding dilemma is addressed in order to boost the country’s mining, manufacturing, processing, among other key economic sectors.

Ghana, West Africa’s second largest economy after Nigeria, is battling to address the electricity shortfall thereby grappling with its total of 2 000 megawatts to adequately distribute electricity to the entire country.

The government, through its Energy Ministry, announced that it intended to increase power production to 2 770 MW to the national grid by 2015.

But such initiatives have hit a brickwall as load-shedding has become commonplace.

Small-to-Medium Enterprises (SMEs) are closing down while the big multicorporate companies have scaled down operations as a result.

– CAJ News






Short URL:

Posted by on Dec 4 2014. Filed under Electricity, Energy, Featured, Finance, Finance & Banking. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

CAJ News Sponsored Links

Commonwealth Technology Organisation

Connect to CAJ News on Facebook

Subscribe to our Newsletter

Photo Gallery

Log in
All material © CAJ News Africa. Material may not be published or reproduced in any form without prior written permission.