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Results for "Independent Power Producers"

7 stories found

US$1.1bn debt restructuring in power sector saves US$250m – Mahama
Politicsmyjoyonline6mo ago

US$1.1bn debt restructuring in power sector saves US$250m – Mahama

President John Dramani Mahama has announced that government has secured US$250 million in immediate savings following the successful renegotiation of existing Power Purchase Agreements (PPAs) with nine Independent Power Producers (IPPs). Delivering his 2026 State of the Nation Address in Parliament, President Mahama disclosed that in addition to the immediate savings, government has also restructured […]

Ghana Power Outages Spark Political Debate Over 'Dumsor' Label
Businessmyjoyonline4mo ago

Ghana Power Outages Spark Political Debate Over 'Dumsor' Label

Ghana's Minority party is criticizing the government for downplaying ongoing power outages, which they insist are 'dumsor,' and accuse the administration of 'semantic deception.' They also highlight significant government debt to independent power producers and fuel suppliers as a root cause.

Pakistan's Power Capacity Increases by 8.5% to 49,651MW
Businessexpress-tribune2mo ago

Pakistan's Power Capacity Increases by 8.5% to 49,651MW

Pakistan's power generation capacity has increased by 8.5%, reaching 49,651MW. This growth includes 7,319MW added through solar net metering, despite 13 Independent Power Producers (IPPs) with a combined capacity of 5,105MW remaining closed.

Politicspunch-ng4mo ago

Lagos State Government Signs Three IPP Deals for Metered Electricity

The Lagos State Government has formalized three Power Purchase Agreements with Independent Power Producers. This initiative aims to expand embedded electricity generation and improve power supply to critical state infrastructure, including the adoption of metered electricity payments.