Independent Power Producer Sunon Asogli Power Ghana Limited has reported that it has not received any part of the $30 million directed by the Ministry of Finance for release by the Controller and Accountant General’s Department (CAGD), despite government assurances. This update follows Sunon Asogli’s recent shutdown of its 560MW power plant due to an outstanding debt of $259 million owed by the Electricity Company of Ghana (ECG).
In an interview, Dr Elikplim Apetorgbor, Business Development Manager at Sunon Asogli Power Ghana Limited explained that efforts to settle the debt in instalments have not yet produced any tangible results. Ghana’s energy sector has been grappling with persistent debt issues, affecting several Independent Power Producers (IPPs) who supply electricity to the national grid.
Stakeholders in the energy sector have called for greater transparency and timely payments to prevent future shutdowns and maintain energy stability in the country.
