ECG To Replace Equipment As It Receives $130M from Government

The government has released $130 million for the Electricity Company of Ghana (ECG) to replace all obsolete equipment within its line of operation.

“If the equipment is replaced, it will add value, transform power faster, reduce losses and make power cheaper for consumers,” the Minister of Energy, Mr John-Peter Amewu, said.

Speaking at the 8th edition of the Nation Building Updates in Accra yesterday on the theme: “Keeping the lights on, powering our growth”, the minister said the ECG had been operating with obsolete equipment over the past 30 years.

“There are several pieces of equipment of the ECG that are obsolete and these have been in existence for the past 30 years,” he told the packed auditorium of the Ghana Academy of Arts and Sciences.

He said the challenges of the energy sector were not about adding more kilowatts but ensuring efficiency and good management and maintaining what was already there.

Mr Amewu explained that part of the cause of the high cost of electricity was the obsolete equipment used in the transmission of power.

He expressed the hope that when the obsolete equipment was replaced, “the light will be brighter, power expenditure will be lower and the industry will grow”.

SOURCE: Graphic Online