Finance Minister, Dr. Cassiel Ato Forson, and Energy Minister, John Abdulai Jinapor, have held a strategic meeting with major stakeholders in the country’s power sector to tackle persistent challenges and chart a path toward sustainability.
The meeting brought together leadership from Electricity Company of Ghana (ECG), Public Utilities Regulatory Commission (PURC), Volta River Authority (VRA), Energy Commission, GRIDCo, and other key institutions, where discussions focused on legacy debts, tariff-related concerns, operational inefficiencies, and high-cost power purchase agreements, which have long burdened the sector.
Dr. Forson acknowledged the financial strain facing Ghana’s power sector but emphasized that the priority is to develop effective and sustainable solutions that will ensure stability and long-term viability.
“Our conversation centered on the urgent need for effective and sustainable solutions to strengthen Ghana’s power sector”.
The meeting concluded with a unified commitment from all parties to support ongoing reforms under the Energy Sector Recovery Programme (ESRP), which includes prioritizing financial strategies and policy interventions that will enhance operational efficiency while ensuring reliable and affordable electricity for all Ghanaians.
Dr. Forson further highlighted that stabilizing the power sector is not just an industry concern but a crucial step in protecting the broader economy from the ripple effects of inefficiencies in electricity delivery.
