Ghana: Government owes power companies GHC 3 billion

27 August 2016, Accra — Government owes power producers and the Electricity Company of Ghana (ECG) over GHC3 billion. The amount comprises GHC2.2 billion owed by Volta River Authority (VRA) to its lenders and a ‘legacy debt’ of GHC728 million owed ECG by the government. The total debt excludes other monies owed Independent Power Producers […] More »