{"id":245018,"date":"2024-11-04T07:49:11","date_gmt":"2024-11-04T07:49:11","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/11\/04\/weve-not-received-any-portion-of-30m-from-controller\/"},"modified":"2024-11-04T07:49:11","modified_gmt":"2024-11-04T07:49:11","slug":"weve-not-received-any-portion-of-30m-from-controller","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/11\/04\/weve-not-received-any-portion-of-30m-from-controller\/","title":{"rendered":"We&#8217;ve not received any portion of $30m from Controller"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-8 text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"117be7fc-bbbf-45ff-b9b9-c5a4c21accf3\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<p>Independent Power Producer Sunon Asogli Power Ghana Limited has reported that it has not received any part of the $30 million directed by the Ministry of Finance for release by the Controller and Accountant General\u2019s Department (CAGD), despite government assurances.<\/p>\n<p>This update follows Sunon Asogli\u2019s recent shutdown of its 560MW power plant due to an outstanding debt of $259 million owed by the Electricity Company of Ghana (ECG).<\/p>\n<p>In an interview with Citi Business News, Dr Elikplim Apetorgbor, Business Development Manager at Sunon Asogli Power Ghana Limited explained that efforts to settle the debt in instalments have not yet produced any tangible results.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"mb-2 flex gap-3 empty:hidden -ml-2\">\n<div class=\"items-center justify-start rounded-xl p-1 flex\">\n<p>\u201cWe received notification from the Controller and Accountant General\u2019s Department in the first week of our shutdown. They informed us that the Ministry of Finance authorized them to pay us $30 million. But they are having some challenges.<\/p>\n<\/div>\n<\/div>\n<p>\u201cIt was in the week of salary payments and they have to split this payment into five or six tranches. We are in November, and not even one tranche has been received but the assurance was that they will try and pay one tranche in their week of salary payment and the rest will come before the end of October. Here we are, not even one of the tranches has been paid.<\/p>\n<p>\u201cIt is unfortunate the Ministry of Finance has been reduced to an official propaganda office. It is such a sensitive office to be used for that. I will advise that whatever information the Finance Minister provides or shares with the public, kindly double check to ensure that you are dealing with the right information,\u201d he said.<\/p>\n<p>Ghana\u2019s energy sector has been grappling with persistent debt issues, affecting several Independent Power Producers (IPPs) who supply electricity to the national grid.<\/p>\n<p>Stakeholders in the energy sector have called for greater transparency and timely payments to prevent future shutdowns and maintain energy stability in the country.<\/p>\n<p><em><strong>#GhanaPolls2024<\/strong><\/em><br \/><em><strong>#ElectionBureau<\/strong><\/em><br \/><em><strong>#CitiVerify<\/strong> <\/em><\/p>\n<p>\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Independent Power Producer Sunon Asogli Power Ghana Limited has reported that it has not received any part of the $30 million directed by the Ministry of Finance for release by the Controller and Accountant General\u2019s Department (CAGD), despite government assurances. This update follows Sunon Asogli\u2019s recent shutdown of its 560MW power plant due to an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":245019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-245018","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>We&#039;ve not received any portion of $30m from Controller - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/11\/04\/weve-not-received-any-portion-of-30m-from-controller\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We&#039;ve not received any portion of $30m from Controller - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Independent Power Producer Sunon Asogli Power Ghana Limited has reported that it has not received any part of the $30 million directed by the Ministry of Finance for release by the Controller and Accountant General\u2019s Department (CAGD), despite government assurances. 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