Ghana's IPGs CEO denies agreement on payment terms amid debt restructuring with IPPs, urging ministers to refrain from public comments.

Ghana's Independent Power Generators (IPGs) CEO, Dr. Elikplim Kwabla Apetorgbor, denies an agreement on payment terms amid debt restructuring negotiations with Independent Power Producers (IPPs). He calls statements from the Minister of State at the Ministry of Energy and the Minister of Finance "inaccurate" and urges them to refrain from further public comments until a definitive agreement is reached. IPGs remain committed to finding a sustainable solution to the debt owed to IPPs and will inform the public once an agreement is finalized.

August 17, 2024
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