Energy

Finance Minister accuses Sunon Asogli of ‘Bad Faith’ as power plant shutdown threatens Ghana’s energy stability

Finance Minister Dr. Mohammed Amin Adam has condemned Sunon Asogli Power Plant Limited’s management for acting in "bad faith" by halting its production over an unpaid debt from the Electricity Company of Ghana (ECG). The 560-megawatt plant, crucial to Ghana’s power grid, ceased operations due to ECG’s outstanding $259 million debt, raising concerns of potential power outages, or "dumsor," with serious economic implications for the country. Addressing the media after the Annual IMF-World Bank Meetings in Washington, D.C., Dr. Amin Adam assured Ghanaians that a solution to the debt dispute is imminent, with an agreement expected to be signed within...
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