The disagreement between government and IPPs over arrears rears its ugly head again, threatening the stability in power supply.
Ghana 's power sector faces a potential crisis as disagreements over the arrears owed to Independent Power Producers continue.
Dr. Apetorgbor emphasised that proper accounting for power, particularly in the context of Power Purchase Agreements , must adhere to every clause within these agreements. He called on the Finance Minister to present a realistic picture,"no matter the frightening outlook, and make full disclosure of the financial situation."
The CEO of the IPPs called for"careful scenario and sensitivity analyses on the options proposed" to make the debt restructuring proposal credible, acceptable, and fair to investors in the power sector.
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