The minister says the Electricity Company of Ghana (ECG) recorded a surge
The Minister of Energy and Green Transition, John Abdulai Jinapor, has revealed that the Electricity Company of Ghana (ECG) recorded a 47.3% increase in monthly revenue compared to the same period in 2024.
Speaking at the Government Accountability Series on Wednesday, July 16, the minister attributed the rise to improved operational efficiency and enhanced revenue collection mechanisms implemented by ECG.
“ECG’s monthly revenue is witnessing a significant increase. This represents about a 47.3% growth compared to the same period last year. As you can see, we are seeing real, substantial improvement in revenues,” Jinapor stated.
On the issue of the current revenue shortfall, Jinapor cautioned that ECG’s gains remain insufficient to fully address systemic challenges within Ghana’s electricity sector, including legacy debts, infrastructure deficits, and inadequate funding for expansion.
“Because of the huge challenges and debt we inherited, we need to pursue additional policy measures to get the power sector back on track adding that innovative and diversified funding models would be necessary to sustain long-term sector growth,” he added.
John Jinapor also emphasised the importance of adopting creative and flexible funding strategies to ensure lasting progress and stability in the energy sector.
SP/AE
How Virtual Reality is enhancing business and customer experience