The National Democratic Congress (NDC) presidential candidate, John Dramani Mahama, has appealed to the Independent Power Producers (IPPs) not to shut down the power plants.
The Chamber instructed its members to shut down their plants between July 1 and July 8 if the government did not pay them 30 percent of the 1.73 billion dollars owed to them by July 8.
The former President stated In a Facebook post on June 30 that such a decision would be bad for Ghana’s economy and have serious implications on the lives of countless Ghanaians. He said that the people of Ghana would be negatively affected if the IPPs went ahead with their plans to shut down their machines because of their debt.
“As a concerned citizen, I would like to make a plea to the Chamber of Independent Power Producers (IPPs) to reconsider their decision to shut down their plants effective July 1, 2023. If the IPPs, who account for almost half of the country’s total power generation and over two-thirds of Ghana’s thermal power, go through with this plan, it will have a disastrous impact on Ghana’s economy and negatively affect the lives and livelihoods of countless Ghanaian families,” Mahama stated
The energy sector in Ghana is heavily dependent on independent power producers, who account for 67 percent of Ghana’s thermal power and control 47 percent of the nation’s overall power generation mix.
Sunon Asogli, Cenpower, Karpowership, AKSA, Twin City Energy, and CENIT are all members of the Chamber. As of May 2021, the six companies reported a total debt of about 1.73 billion cedis, which was due in January 2021.
