President John Dramani Mahama has declared that Ghana has sufficient electricity to meet national demand, insisting that the country is no longer experiencing the power outages commonly referred to as dumsor.
He attributed the improvement in electricity supply to measures introduced by his administration to settle outstanding debts owed to Independent Power Producers (IPPs) and establish a more reliable payment system.
Speaking to members of the Ghanaian community in Moscow, Russia, President Mahama said his government inherited approximately US$1.7 billion in outstanding payments to IPPs, alongside arrears owed for gas supplied from the Jubilee Field and by ENI.
According to him, the financial difficulties had strained relations between the government and power producers, with some threatening to cut off electricity supply over unpaid bills.
“With regard to energy, I can report that there’s no dumsor in Ghana. Everybody has adequate power. And that’s one of the areas that has been quite dramatic in terms of its management,” he said.
President Mahama disclosed that the government had settled its outstanding debts to IPPs and was now current with payments for electricity supplied to the national grid.
“I’m happy to announce that we have cleared the IPP debt. That is, we are current. Any energy they supply today, we’re paying them,” he said.
He further explained that his administration had put in place a separate payment arrangement to address the remaining energy-related obligations, involving initial payments and subsequent settlements as they become due.
The President said the measures had helped restore confidence among power producers and improve the stability of electricity supply.
He maintained that the country currently has enough electricity to meet its consumption needs, assuring Ghanaians of the government’s progress in addressing challenges within the energy sector.
