Ghana’s government is expected to begin a detailed revaluation of the fixed assets of the Electricity Company of Ghana (ECG), today.
Category: Electricity
Eranove Group Picks Two Prestigious Awards in London
The Eranove group has announced that two companies of which it is the majority shareholder have been awarded prizes by EMEA Finance magazine at a ceremony held in London.
Top Firms in Joint Venture for Africa’s Energy Infrastructure
General Electric (GE) together with the Mara Group and Atlas Merchant Capital are leading an initiative to create a joint venture dedicated to investing in the highly underdeveloped African infrastructure sector.
100 MW Kathu Solar Project to Create 1,200 Jobs in South Africa
ENGIE announced that the Kathu Solar Park project in South Africa, owned by an ENGIE-led consortium with South African partners, has signed a 20-year Power Purchase Agreement (PPA) with Eskom – South Africa’s state owned power utility –making it possible for construction at the site to begin shortly.
Corruption Worsen in Middle East and North Africa-IT
Nearly one in three citizens who tried to access basic public services in the Middle East and North Africa paid a bribe, a Transparency International report has revealed.
No ECG Worker Will Be Sacked-President Mahama Assures
Ghana’s President John Dramani Mahama has assured that the government would not privatise the Electricity Company of Ghana (ECG).
MCA Funds to Trickle in Next 60 Days-U.S Ambassador
Funds from the much-awaited Millennium Challenge Compact II should start coming in the next two months, United States Ambassador to Ghana Robert P. Jackson has said — stressing that reliable electricity, which the fund is meant to support, “is absolutely essential for Ghana’s industrial growth”.
Karpowership Ghana Sacks More Than 60 Workers
Karpowership Ghana has sacked more than 60 workers on the power ship. They are 10 engineers and more than 50 other workers with two contracted firms working on the power ship.
Power Crisis May Resurface in Ghana
Ghana’s three years of power crisis is likely to resurface following the extension of maintenance works on the FPSO Kwame Nkrumah to another two weeks.
Oil and Gas Exploration: Keta Basin Coming on Stream
An agreement for the start of onshore oil and gas exploration in the Keta Basin of the Volta Region has been finalised, President John Mahama has disclosed.