The government of Ghana has announced steps aimed at resolving financial challenges bedeviling its relationship with partners in the energy sector.
A statement issued here on Tuesday by the Ministry of Finance said the government had set up a steering committee to lead the energy sector recovery program.
Independent Power Producers (IPPs) have warned that they could turn off their turbines if the state power utility Electricity Company of Ghana (ECG) did not pay the 1.5 billion US dollars it owed them.
The purpose of the steering committee is to take responsibility for the consultative process with the IPPs and gas producers over the coming months, to ensure a sustainable energy partnership with each IPP and gas producer, said finance minister Ken Ofori-Atta who inaugurated the committee.
“The steering committee is of key importance for the future of Ghana’s energy sector and Ghana’s long-term sustainable development,” he added.