By Dominic Hlordzi and Mabel Annang
The Sunon Asogli 560MW Power Plant has officially resumed operations following emergency financial intervention by the government.
In a statement, Sunon Asogli disclosed that it submitted the final version of its Restructuring Terms Sheet to the Ministry of Finance and the Electricity Company of Ghana, ECG, in August for review, with finalisation and signing expected soon.
The management emphasised its confidence in achieving a mutually beneficial agreement to stabilise Ghana’s energy sector.
It also called on the ECG to uphold its contractual obligations and honour payments under the Power Purchase Agreements.
Sunon Asogli expressed gratitude to the Minister of Finance, Mohammed Amin Adam, and the Minister for Energy, Herbert Krapa, for facilitating the release of critical funding to address its financial challenges.
The company also apologised for the impact caused by the temporary shutdown and reiterated its commitment to ensuring reliable energy supply in the future.
Sunon Asogli suspended its operations due to critical financial constraints.
