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[BUSINESS] · Ghana, India · 2 sources

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Ghana implements energy reforms to stabilize power sector

Ghana is undertaking significant reforms to stabilize its electricity sector and improve power reliability. Energy and Green Transition Minister Dr. John Abdulai Jinapor announced that the government has increased payments to Independent Power Producers (IPPs) from approximately 40% to nearly 100% of their monthly bills. This measure follows threats from several IPPs to reduce power generation due to substantial payment arrears.

To support these payments, the government has introduced intensive revenue mobilization measures and reforms aimed at improving the finances of electricity utilities. While these tougher collection methods initially caused public dissatisfaction, officials stated they were necessary to prevent supply interruptions and protect the economy from the consequences of unreliable electricity.

In tandem with domestic reforms, Ghana is seeking international investment to support its energy transition. Deputy Minister for Energy and Green Transition Richard Gyan-Mensah is expected to attend the Bharat Renewable Energy Summit and Expo 2026 in New Delhi. The summit will focus on renewable energy financing, supply chains, and green hydrogen, offering Ghana opportunities to address the policy, financing, and infrastructure gaps required to convert international interest into dependable electricity supply.

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Bharat Renewable Energy Summit and Expo 2026 · ECOWAS · Ghana · John Abdulai Jinapor · Richard Gyan-Mensah