Business News of Saturday, 5 December 2020Source: www.ghanaweb.comUS$5 billion saved in energy sector – Government touts prudent decisionsThe government says it made the savings by relocating the KarpowershipFinance Ministry has said prudent steps taken by the government in the energy sector has saved the sector over US$5 billion. “In 2020 alone, this government has paid in excess of US$1 billion to Independent Power Producers. This is on top of GH¢2.7 billion paid by Electricity Company of Ghana Limited,” the Finance Ministry said. The statement said the government was committed to undertaking the Energy Sector Recovery Programme (ESRP) in good faith and in partnership with its stakeholders. “To achieve this vision, Government has taken pragmatic and decisive action to manage the energy sector.

Source: GhanaWeb December 05, 2020 09:56 UTC