Cellulant, a multinational payments company has launched “Mula”, a payments platform that has revolutionized payments in Ghana by providing the first digital payments service for ECG prepaid. Before the launch of Mula, ECG customers needed to visit an agent nearby their home to buy power credit. This experience proved difficult...
Karpowership Ghana Company Limited has announced the arrival of the world’s largest Powership, the 470MW Karadeniz Powership Osman Khan to Ghana. A statement from the Company said the Powership will start operating in the Tema Fishing Harbour in September. The arrival of Karadeniz Powership Osman Khan is in line with...
ABB, a pioneering leader in electrification products, robotics and motion as well as industrial automation and power grids, has entered a two-year capacity building partnership with the Volta River Authority (VRA). The deal will see former offering power and automation training and allied technical assistance to engineers, trainers and trainees...
Operators of the Sunon Asogli Power Plant have indicated that the plant is running at half capacity due to insufficient gas supply from the West African Gas Pipeline Company (WAGPCo). The company, which completed its phase two power plant in January, this year, is expected to add about 360-megawatt power...
The Public Interest and Accountability Committee (PIAC) has warned that the troubles confronting Ghana’s energy sector may deepen soon if the huge debts in the sector are not settled. PIAC argues that the debt owed particularly by the Volta River Authority (VRA), greatly affected operations for 2016 considering the declining...
The recent power outage the country is experiencing is as a result of technical fault and not Dumsor as wildly being speculated, the Deputy Minister for Energy Owuraku Aidoo has said. Speaking on Neat FM’s morning show, he explained that, “What happened the other time was a minor fault which...
The Electricity Company of Ghana (ECG) has started the construction of a new 33-kilovolts (kv) switching station to meet growing demands in the Ahanta West District in the Western Region. The company said the move was part of its strategic objectives of reducing system losses, improving system reliability and enhancing...
The Institute of Energy Security (IES), is predicting a 4 percent increase in fuel prices for the first pricing window in June. Principal Research Analyst at the Institute, Richmond Rockson attributed the development to the depreciation of the cedi by 1.18 percent, as well as an increase in prices of...
The Board Chairman of GOIL, Kwamena Bartels has outlined pragmatic measures to retrieve all debt owed to the company by government. GOIL, which an indigenous oil marketing company is owed by government agencies and security services including the Ghana Police, running into millions of cedis. Speaking to Citi Business News on...
Ghana on Wednesday recorded a major headway in its Nuclear Power agenda when it received the official report of the Integrated Nuclear Infrastructure Review (INIR) Mission through an International Atomic Energy Agency (IAEA) delegation. The two-member delegation, led by Mr Mikhail Chudakov, the Deputy Director-General and Head of the Department...