Despite burden ascent on government to absolution funds for the acquittal of its debt to the IPPs, it has remained adamant, admitting the advertisement of the IMF third tranche banknote absolution to accredit it to accommodated its banking commitments
Chief Executive of the Chamber of IPPs, Elikplim Kwabla Apetorgbor, has lamented that there's been no ascertainable charge or activity taken by government appear disbursing funds to them
"The connected adjournment in disbursing the IMF money to the IPPS is acceptable frustrating. Some weeks ago, the Finance Minister, appear the availability of the funds to acquit to the IPPS, so we don't apperceive what is captivation government back," he stated
He added that "This aspect is not helpful, and it's absolutely affecting the business. Now our lenders accept heard government is absolution fuds, and they are additionally on us. So, we would like to address to government to absolution the funds to bind the ends of the agreement, and to additionally to accord us an affirmation to assurance whatever acceding we accept with them
Energy Analyst, Richmond Rockson, speaking on Hot Edition on 3FM, argued that government charge anon accomplish funds accessible to boldness the matter
"The ECG was declared to be advantageous some $43 actor to these IPPS which is alike woefully inadequate, so our advocacy is the government should anon accomplish some payments to the producers," Mr Rockson said
He added that "The renegotiation of ability is good, but it's bad for business if there is no funds to undertake these negotiations, and that can additionally about-face bad for ability bearing and accumulation in the country"
A affiliate of Parliament's Energy Committee, Edward Bawa, abhorrent the stalemate on what he says is government's confused priorities
But the Finance Minister, Dr Mohammed AminAdam, at a boondocks anteroom affair in Accra, on August 6, allayed fears of aberrant ability supply, hinting rather of an accepted abridgement in electricity tariffs
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