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Article: Ghana power crisis now critical: Ghana's acute shortage of power for both domestic and industrial users is reaching crisis point. Stephen Gyasi Jnr. reports from Accra on efforts to head off the looming blackout.(Energy)
- Article from:
- African Business
- Article date:
- May 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A new company is to be established by the government of Ghana to help solve the nation's energy challenges and also encourage strategic investments in the sector.
The Minister of Energy, Joseph Kofi Adda, said the new company which will be known as the Ghana Grid Company (GRIDCO) will help in the transmission of hydro-electric power, a function that was previously performed by the Volta River Authority (VRA), the company which has the sole responsibility to produce power in the country.
Although political opponents have expressed pessimism about the feasibility of the newly announced company, government is of the view that the move has been necessitated ...