Parliamentary deadlock stalls key IPP agreements, threatens energy sector stability
The ongoing parliamentary deadlock is impeding Ghana's progress on finalizing critical debt restructuring agreements with Independent Power Producers (IPPs), the government has revealed. At the Finance Ministry’s monthly economic briefing, Minister Dr. Mohammed Amin Adam disclosed that while agreements have been reached with three IPPs—AKSA, Asogli, and CENIT—negotiations with CEN Power and AMANDI remain unresolved. These agreements require parliamentary approval, which has been delayed due to the legislative stalemate. Progress and Challenges in Restructuring Agreements “For the government, we have fulfilled our obligations. We concluded negotiations with the Independent Power Producers, and some have already signed off. AKSA has finalized...