By: Franklin ASARE-DONKOH
The Minister of Finance, Dr. Cassiel Ato Baah Forson, together with the Energy Minister, John Abdulai Jinapor have organised a meeting with power sector leaders on issues affecting Ghana’s power sustainability.
The Finance Minister said discussions centered on the urgent need for effective, long-term solutions to the sector’s persistent challenges, which include: legacy debts, tariff-related concerns, operational inefficiencies, and high-cost power purchase agreements.
The meeting he said, brought together sector leaders from the Electricity Company of Ghana (ECG), Public Utilities Regulatory Commission (PURC), Volta River Authority (VRA), the Energy Commission, GRIDCo, and other institutions.
While acknowledging the financial strain confronting the sector, Dr. Forson emphasised that the meeting’s primary focus was on identifying actionable steps to ensure stability and sustainability.
“Our conversation centred on the urgent need for effective and sustainable solutions to strengthen Ghana’s power sector,” the Finance Minister stressed.
According to him, the meeting concluded with a strong, unified commitment from all parties to support ongoing reforms under the Energy Sector Recovery Programme (ESRP) that includes prioritizing sustainable financial strategies and policy interventions aimed at improving operational efficiency and delivering reliable, affordable electricity to Ghanaians.
Dr. Forson, explained that the goal of the engagement was not only to stabilize the power sector but also to safeguard the broader economy from the ripple effects of inefficiencies in electricity delivery.
