BUSINESS/FINANCE

Power Stabilized Nationwide Since January 2025– Energy Minister Attributes Gains To Fuel And IPP Reforms.

Energy Minister Dr. John Abdulai Jinapor says Ghana has not experienced any load shedding from January 2025 to date, crediting the stability to reforms in fuel supply and payments to Independent Power Producers (IPPs).

Speaking during working tour of key electricity infrastructure projects in Kumasi to inspect ongoing transformer upgrade and replacement works, as well as other critical energy projects aimed at improving power supply and reliability in the Ashanti Region.

The minister said stabilizing power across the country has been a key priority since the NDC government assumed office.

“From January to December 2024, there has not been a month we had load shedding but when we assumed office it took us three months to completely eradicate the challenge.

Dr. Jinapor explained that the main challenge before was fuel shortages and unpaid debts to IPPs, some of whom had cut power supply before the current administration took over.

“We have to do a lot of reforms so we can generate revenue and pay our IPPs. You must first generate the power before you distribute it,” he noted.

He stressed that the government is working frantically to keep the power situation stable across the region and the country at large.

Story by Bismark Mensah@A/R.

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