Trafigura judgment debt: Ghana must adopt a more strategic & disciplined approach to its contractual engagements – IPPG Ghana CEO
Published:
3 months ago
Source:
3News
CEO of Independent Power Generators, Ghana (IPPG), Dr. Elikplim Kwabla Apetorgbor has said that Trafigura judgment debt calls for certain actions to be taken by the governments of Ghana in order to forestall such payments. First, he said, Ghana must adopt a more strategic and disciplined approach to its contractual engagements. This should include a thorough legal review of all existing independent power generators IPGs, ensuring that any amendments or terminations are handled with the utmost caution and respect for the agreements in place, he said. Secondly, he said, should serve as a reminder of the importance of respecting the sanctity of multinational and international agreements, especially within the project finance realm of the power sector.