Produce details of 11 cancelled PPAS - Amewu, Gabby et al challenged - News Summed Up

Produce details of 11 cancelled PPAS - Amewu, Gabby et al challenged


General News of Thursday, 11 April 2019Source: peacefmonline.comProduce details of 11 cancelled PPAS - Amewu, Gabby et al challengedGabby Asare Otchere-Darko, former Director of Danquah InstituteMr. Gabby Asare Otchere-Darko has recently made claims that the Akufo-Addo Government has saved Ghana an amount of US$7.6 billion from the termination of some eleven (11) Power Purchase Agreements (PPAs) entered into by the erstwhile Mahama Administration. At the said press conference, Amewu stated that the Ministry of Energy has made savings of $6.8billion from the termination of the same Power Purchase Agreements. It is therefore laughable that a government with over 120 Ministers will rely on a private citizen, Gabby Asare Otchere-Darko to churn out such vile propaganda. It is worthy of note that most of these PPAs could only become effective after certain condition precedents had been fulfilled. It is important to point out that Power Purchase Agreements are mostly executed by the Off-Taker (ECG) and not the President as Gabby and the NPP are mischievously trying portray.


Source: GhanaWeb April 11, 2019 12:45 UTC



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