Energy and Finance Ministries must provide funding to fix energy challenges IES [Video]

The Institute for Energy Security (IES) has asked the Energy and Finance Ministries to urgently provide the money required to solve the current energy sector challenges. 

The Institute noted that the current challenges in the sector were mainly due to inadequate liquidity in procuring fuel for some power plants to operate to full capacity and said the two Ministries must fix it. 

It also reiterated the call for the government to resource ECG to bring down its technical and commercial losses, deploy more smart metres capable of detecting theft, and have an efficient distribution system to rake in more revenue. 

Doing so would help in fulfilling ECG’s mission of providing quality, reliable and safe electricity services to support the economic growth and development of Ghana, IES noted. 

The Institute’s recommendation is on the heels of recent sanctions by the Public Utilities Regulatory Commission (PURC) against the Electricity Company of Ghana …