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We can’t guarantee reliable power supply; we are on brink of walking away from PPA restructuring process – IPPs to government

Togbe Afede XIV

The Chamber of Independent Power Generators Ghana (IPGGs) has expressed concern regarding the delays in obtaining governmental approvals for the PPA restructuring documents.

According to the Chamber, its members are on the brink of walking from the PPA restructuring process and reverting to its existing PPAs.

In a statement signed by the Chairman of the IPGGs, Togbe Afede XIV, to the Ministry of Finance received on August 16, 2024, and sighted by Joy Business, the IPGs or IPPs said they respectfully demand as a matter of urgency an appointment with the Finance Minister, Dr. Mohammed Amin Adam, to discuss and resolve these critical issues.

“We respectfully, as a matter of urgency, demand an appointment to meet with you to discuss and resolve these critical issues. This meeting must occur at the earliest opportunity next week, as any further delay could be catastrophic for the nation’s power supply stability. We kindly request that you confirm your availability for this meeting at your soonest convenience.”

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