David Boadi Asamoah, the acting Managing Director of the Electricity Company of Ghana (ECG), has reassured the public that the expected shutdown of three power plants will not take place.
This comes after warnings from Independent Power Producers (IPPs) about the possibility of shutting down the plants due to outstanding debts.
In an interview with JoyNews on Saturday, Asamoah explained that ECG has put in place effective measures to manage the situation. He emphasized the crucial role of a structured payment schedule in ensuring a stable power supply.
While the original payment schedule was set to be monthly, Asamoah introduced a weekly payment system to ensure closer monitoring of earnings and timely payments to IPPs. This, he stated, will help prevent the shutdown and ensure a steady supply of electricity to consumers.
“It will not happen… I realised that a weekly schedule would have a more positive impact, and it allowed us to manage the power fall and meet the necessary payments.
“By tracking earnings and allocating the correct amounts, we could ensure payments to our Independent Power Producers (IPPs),” Asamoah stated.
