Finance Minister, Dr. Cassiel Ato Forson, and Energy Minister, John Abdulai Jinapor, have held a meeting with key sector leaders to discuss urgent solutions to strengthen Ghana’s power sector. The meeting aimed to address the sector’s ongoing challenges and find ways to improve its overall performance.
The sector’s financial challenges, including legacy debts, tariff issues, operational inefficiencies, and high-cost power arrangements, were acknowledged during the meeting. Despite these challenges, the primary focus was on the path forward, with a collective commitment to take decisive and coordinated action to support ongoing reforms.
The meeting concluded with a strong emphasis on enhancing operational efficiency and prioritizing sustainable financial strategies and policy interventions. The goal is to ensure reliable and affordable electricity supply while safeguarding the broader economy. The Energy Sector Recovery Programme (ESRP) will guide these efforts, with key sector players working together to achieve meaningful results.
The ministers’ meeting with sector leaders, including representatives from the Electricity Company of Ghana, Public Utilities Regulatory Commission, Volta River Authority, Energy Commission, and GRIDCo, underscores the government’s commitment to addressing the power sector’s challenges. By working together, the stakeholders aim to create a more sustainable and efficient power sector that supports Ghana’s economic growth and development.
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