The acting Managing Director (MD) of ECG, Ing.
Asamoah David has revealed what is mainly accounting for the debts owed the Independent Power Producers (IPP).
Speaking in an interview on Joy News, Saturday, November 23, Ing.
Asamoah David explained that the volatility of the cedi to the dollar rates is hindering the company from fulfilling its financial obligations. "The truth is that the majority of these debts are a result of a forex shortfall.