The Power Ministry has warned other state institutions that are indebted to the Ghana Grid Organization Restricted (GRIDCo) and other ability distributing firms to fork out their debt or anticipate disconnections to the countrywide grid in 2020.
In an interview with Pleasure News, Communication Officer of the Vitality Ministry, Nana Kofi Oppong Damoah stated the Electricity Company of Ghana (ECG) and Northern Electrical power Distribution Business (NEDCO) will have the complete backing of authorities to their debtors.
“Those who are customers of ECG and NEDCO must also be on the warn that the condition organizations that are dealing in energy provide in the state are pretty critical and they are likely to appear soon after everyone that owes them,” he pressured.
GRIDCo on Monday disconnected Volta Aluminum Organization (VALCO) from the national grid, following the failure of the enterprise to settle in excess of $30million excellent credit card debt to the power transmitter.
In a press statement, GRIDCo spelled out that the decision was manufactured by the Management of GRIDCo soon after a number of tries to get VALCO to honour its payment obligations unsuccessful.
It included, “The disconnection is section of ongoing financial debt selection actions to mobilise the desired cash to help its functions.”
Following the disconnection of VALCO by GRIDCo, Mr Damoah said the disconnection must provide as a wakeup call to VALCO and other indebted institutions.
He, nonetheless, additional electric power has been restored at VALCO pursuing the ministry’s intervention including, discussions are underway to tackle the impasse.
“In as substantially as GRIDCo has their issues and they are rightfully thanks the quantity of income they are demanding from VALCO, VALCO also has their peculiar established of difficulties that the Ministry is aware of.
“So we have finished a slight intervention to be certain that the ongoing conversations which have been started out for a while are not brought to any acrimonious stop,” he added.