Ghana’s power sector reforms target financial stability; government moves to clear IPP payment gaps

The government says ongoing reforms in Ghana’s energy sector are aimed at improving financial sustainability, reducing costs and preventing a return to the accumulation of large outstanding debts owed to Independent Power Producers (IPPs).

Edward Obeng Kenzo He said a stable power supply remains the foundation for expanding industrial activities, supporting the mining sector and enabling small and medium-sized enterprises to grow.

The Deputy Energy Minister added that improved collections by the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCo) are contributing to stronger financial discipline within the sector.