5 days ago
Karpowership Ghana Engages Government Over Accumulated Debt, Assures Public of Continuous Power Supply
Karpowership Ghana has reassured the public that despite ongoing discussions with the government regarding outstanding financial obligations, there is no immediate risk of a power shutdown. Speaking to Joy Business, Sandra Amarquaye, the company's Communication Manager, emphasized that they are in active negotiations with the Ministry of Energy to resolve the issue. She explained that a meeting was recently held with the Energy Minister to formally address the accumulated debt and find a way forward. While financial challenges exist, Karpowership remains committed to maintaining its operations and ensuring that power supply remains stable across the country. Ms. Amarquaye made it clear that the ongoing discussions do not signal an imminent disruption, as both parties are working together toward a sustainable resolution.
In response to concerns about Ghana’s energy sector and the financial commitments required to sustain power supply agreements, Ms. Amarquaye reaffirmed the company's strong partnership with the government. She stated that Karpowership Ghana remains dedicated to collaborating with stakeholders to ensure a mutually beneficial solution. The company acknowledges the financial difficulties associated with running large-scale power projects and understands the need for continuous dialogue to avoid operational setbacks. While the negotiations are still in progress, Karpowership maintains that it is focused on sustaining power generation without interruptions. Ms. Amarquaye also expressed confidence that an agreement would be reached, given the long-standing relationship between Karpowership and the Ghanaian government.
Amid growing concerns about energy security, Karpowership’s assurances come as a relief to many Ghanaians who fear potential power outages. Past experiences of load shedding have raised alarms whenever discussions of financial struggles in the energy sector arise. However, Karpowership Ghana has reassured the public that the current situation will not escalate into power disruptions. The company remains optimistic that ongoing engagements with the government will lead to a resolution that ensures the smooth continuation of power supply. By emphasizing their dedication to Ghana’s energy stability, Karpowership aims to maintain public confidence while addressing financial challenges in a constructive manner.
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