Ghana Water Limited owes ECG GH₵1bn – Energy Minister reveals

The Minister for Energy and Green Transition, John Jinapor, has disclosed that Ghana Water Limited owes the Electricity Company of Ghana approximately GH₵1billion for unpaid electricity consumption over the past seven months.

The Minister, in his opening remarks at a meeting between the Energy Committee of Parliament and power sector agencies, directed the ECG to urgently recover the debt to enhance their operations, citing the financial challenges it poses to the ECG.

“I was listening to the news at 10 pm, where Ghana Water made a complaint that, because of some erratic power situation, they are unable to supply adequately. I empathise with them, and I think that what we have inherited, we should improve on it.

“But the other notice is that Ghana Water hasn’t paid any GH₵1 for seven months. We need that money to stabilise the power. If you don’t pay GH₵1 for seven months and it compounds to GH₵1 billion, the power sector will not be stable. The private sector or ordinary citizens alone cannot be made to shoulder the burden,” he said

The minister also announced that Karpower has served notice to shut down its plant on May 18 due to the government’s debt of over $400 million.

“Karpower has just sent us a letter that by the 18th, they will shut down the plant because we owe them more than $400 million. IPPs alone, we owe them $1.7 billion.