Skip to main content

President hails private sector involvement in power generation



By: Fred Yaw Sarpong
 
President John Mahama has hailed the private sector's involvement in power generation in the country, saying the involvement of Independent Power Producers (IPPs) in the sector has brought a lot of improvement.
The president said this when he inaugurated a 165 MVA substation wholly financed by the  Enclave Power Company,  which is  the first private sector owned substation in electricity distribution in Ghana.
Congratulating the company for taking the bold decision to join the energy  sector, President Mahama said the participation of the company in power distribution in Ghana is  consistent with Government’s objective of ensuring reliable power supply to industrial as well as domestic consumers for the socio-economic development of Ghana.
‘Enclave Power is a private entity and has the concession to distribute power in the Free Zones enclave and they have been doing this since 2009,’’ he noted.
President Mahama explained that allowing private sector participation in concessions and the distribution of power does not mean government is privatising the  Electricity Company of Ghana (ECG).
 ‘‘ECG is still a 100% government owned entity and will remain a 100% government owned entity but nothing in our regulations stops private sector participation in managing concessions to distribute power to customers and give them efficient service than we have had in the past,’’ he explained.
He said private sector participation in many areas hitherto monopolised by government is being encouraged. This, he said is leading to increased investment from the financial sector and the capital market and it is introducing efficiency into the operations in those sectors.
He promised that government will continue to partner the private sector to ensure that reliable power is supplied sustainably for the development of the country.
 ‘‘The power supply challenge we are currently going through is affecting both industrial and domestic activities. And as Ghanaians have been informed, we are working tirelessly to ensure that we address these challenges sooner than later. We are making progress in overcoming the power gap. Increasingly power is being fed into the grid and over the last few weeks at least some 200 new megawatts have been fed into the system. We will continue to increase the power that is being fed into the system until the gap is eliminated,’’ he stated.
The Enclave Power sub-station was designed by a team of Ghanaian engineers  with  the actual construction work carried out largely and predominantly by a Ghanaian work force, working alongside engineers from China, Bulgaria and India. The cost  of the  construction  of  the substation is estimated to be about  US$35 million. 

Comments

Popular posts from this blog

Deputy AG sues Facebooker over 'malicious' Ameri deal

The Deputy Attorney-General and Member of Parliament for Bolgatanga East, Mr Dominic Ayine has filed a defamation suit at an Accra High Court against a Facebook commentator, Evron Hughes.
In Mr Ayine’s statement of claim, sighted by Graphic Online, he accused Mr Hughes of defaming him in a post he authored and published on Facebook on December 21, 2015, titled “RE: AMERI TRANSACTION”.
According to the Deputy A-G, the “false and malicious” post has provoked “public disaffection” against him and exposed him to public ridicule and contempt.
Describing Mr Hughes as a “self-styled social media blogger and a social commentator”, Mr Ayine said the Facebook post had brought his hard-won reputation “as a respected politician, teacher and lawyer” into “hatred, ridicule, odium, discredit, contempt, opprobrium and reproach”.
The Deputy A-G said the “defamatory words” were authored with the sole intent to reduce him in the estimation of all right thinking Ghanaians, adding that he had received numerou…

Meet Ghanaian female shoemaker

The Saint Ozwald shoe brand

By: Fred Yaw SARPONG
The Daily Express

From her humble beginning in Sunyani in the Brong Ahafo region, a senior high female graduate from the Twene Amanfo Senior high in the Brong Ahafo Sunyani and a Ghanaian now boasts of being one of the most popular Made-in-Ghana shoe brands and has the most number of celebrity endorsements.
Sandra Ozwald, CEO of Saint Ozwald

After Sandrah Ozwald completed school in 2013, her parent couldn't have enough money to help her continue school so she planned to do something for herself by selling ice cream, groundnut cakes or food. Back at the senior high, Sandra used to make groundnut cakes, condensed toffees and ice cream to support herself since her mother couldn't provide all for her.

With 12 siblings and the only girl child (2nd born) among them, and whiles planning which of these to sell, Sandra attended a friend’s wedding and the grooms shoe looked so attractive to her.

According to her, the groom’s shoes were Ma…