A GH¢ 3.46 billion investment package has been unveiled by ECG.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd

The Electricity Company of Ghana (ECG) has unveiled a GH¢ 3.46 billion investment programme aimed at restoring reliability in power supply, following persistent outages and low voltage in parts of the country.

Acting Managing Director, Kwame Kpekpena, said the initiative will prioritise the distribution segment of the power chain, which he described as the most neglected link in Ghana’s electricity system.

The investment programme includes the immediate injection of 2,500 distribution transformers into the grid to relieve pressure on overloaded systems, alongside the replacement of damaged equipment and reinforcement of critical infrastructure under what ECG calls “Operation Keep the Lights On.”

Source: newsthemegh.com