IPGG threatens exit from PPA restructuring over government delays
The Chamber of Independent Power Generators Ghana (IPGG) has raised serious concerns over delays in receiving governmental approvals for the Power Purchase Agreement (PPA) restructuring documents. In a statement signed by the Chamber’s Chairman, Togbe Afede XIV, addressed to the Ministry of Finance, and received on August 16, 2024, the IPGGs indicated that its members are on the verge of abandoning the restructuring process and reverting to their original PPAs. The group emphasized the urgency of the situation and called for an immediate meeting with the Finance Minister, Dr. Mohammed Amin Adam, to address these pressing issues. The statement stressed...