Energy sector debts to be paid within 5 years – Government

Company News of Monday, April 15, 2019

Source: primenewsghana.com

2019-04-15

The Cabinet is expected to approve an energy sector reform document that, according to its recommendations, will force the country to repay its debt in the energy sector in the next five years.

Professor Kwaku Appiah-Adu, head of the delivery unit at the vice president's office and member of the Energy Sector Reform Committee, said the reform will punish especially officials whose actions will lead to contracts affecting the country.

The reform committee believes that this measure will help reduce the sector's debts.

Energy sector debt, which represents about $ 2.4 billion, is one of the key challenges facing the government as it affects most of the economy.

Although successive governments have badumed some of the debts, Professor Kwaku Appiah-Adu, head of the benefits unit at the vice president's office and a member of the sector reform committee of the United States. energy, said: "These are the rules and regulations that must be followed." or someone has signed an agreement that really should not have been signed, because you are looking at what we already have in place and we already have excess capacity, it is not necessary that we sign a new agreement. Who said what? By the time they were signed, all we are saying is that the rules and regulations that guide the signing of such agreements must be considered in relation to the agreement that has been signed and if any. One has broken a rule, the laws of the nation must apply, that's all we say, we want things to stay simple and simple; the details will of course be implemented by the court and all the other committees set up will come together to make specific recommendations as to what will be distributed. "

The Institute for Energy Security, IES, has accused the Ministry of Energy of deceit on burning pipelines from the Volta River Authority, VRA, in the Tema enclave.

The executive director of the Institute for Energy Security (IES), Paa Kwasi Anamuah Sakyi in an interview with Citi FM, said the information provided by the Ministry of Energy was misleading.

According to the Ministry of Energy, some people considered as saboteurs allegedly attempted to burn pipes belonging to the Volta River Authority (VRA) on Sunday, April 7, 2019.

The VRA confirmed that the lines were fueling the production center of the Authority located in the Tema industrial area. According to reports, firefighters at VRA saw flames coming out of the pipeline sector for the first time on Sunday afternoon.

Reacting to the printing created by the Ministry of Energy according to which the perpetrators of the act could be saboteurs of the government, the head of the IES said that pipelines do not exist. do not belong to the VRA, but rather to Cirrus Oil Servies and carried natural water.

"If you call for public sympathy, you have to get it right, we all know that the challenge is largely due to the illiquidity of the sector, which means that public service providers owe what the VRA owes Ghana Gas In addition to what the ECG owes GRIDCo, they only need cash to be able to operate and maintain their system.That's why if someone just said that because someone destroyed a tower or an energy transmission line, this has an impact on the power We believe that the power supply for a long time is misleading because the power lines are redundant, which means that in case of power failure, it will take them several hours to go to the next line, but will not be able to stay for a prolonged period, extended period and that's the reason we have dumsor, again we have a l vandalized ignee who is a pipeline and the department says that it is a VRA line carrying gas, we examine it and we realized that the line belonged to Cyrus Oil Services this is not in any way connected to the VRA network, we find the misleading statement from the Minister and the Ministry's Communications Officer. "