The agreement has resulted in a US$170 million judgement debt, where the Government of Ghana is expected to pay to GPGC as ordered by a Commercial Court in London for unlawful termination of the contract. This, Dame said, resulted in excessive power supply and blamed the signatories to the agreement. “The fact borne out by the PPA committee’s report was that the agreement, together with other agreements, had resulted in such excessive power supply to the state. The committee singled out this particular agreement for termination.”But John Jinapor believes the former Energy Minister under President Akufo-Addo’s first term administration should rather take the blame for the US$170 million judgement debt. But the Minister decided that he would cancel it unilaterally and today, the state of Ghana is asked to pay about US$170 million.

Source: GhanaWeb June 23, 2021 06:11 UTC