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Sunon Asogli Power (Ghana) Limited has suspended its operations as of Tuesday, 8th October 2024, citing significant unpaid debts from the Electricity Company of Ghana (ECG). The decision, which was disclosed in an official statement on 16th October, has sparked concerns over the stability of the country’s electricity supply. The company's Chairman, Qun Yang, stated that the shutdown occurred at 5 PM on the 8th of October due to ECG's failure to …

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Power crisis looms as Sunon Asogli Power shuts operations in Ghana

Sunon Asogli Power (Ghana) Limited has announced the shutdown of its 560MW power plant due to the Electricity Company of Ghana’s (ECG) failure to meet overdue payment obligations. This has left Sunon Asogli unable to continue funding its operations. The company disclosed this in a statement dated October 16, 2024. It said ECG owes a net receivable of $259 million (excluding fuel) as of the end of September 2024. Despite Sunon Asogli’s decision n…

GBC Ghana Online

Sunon Asogli shuts down 560MW power plant over $259m debt

Sunon Asogli Power (Ghana) Limited, an independent power producer, has indefinitely shut down its 560MW plant, over the delay in payment by the Electricity Company of Ghana (ECG). In a press statement released today on the 16th of October 2024, it said that the decision to shut down its power plant was a result of […] The post Sunon Asogli shuts down 560MW Power Plant over $259m debt appeared first on Ghanamma.com.

ghanamma.com

Sunon Asogli shuts down 560MW Power Plant over $259m debt

Sunon Asogli Power (Ghana) Limited has announced the closure of its 560MW power plant due to the Electricity Company of Ghana’s (ECG) failure to meet overdue payment obligations. This has left Sunon Asogli unable to continue financing its operations. In a statement released on Wednesday, October 16, 2024, the company disclosed that ECG owes a […]

Starr Fm

Sunon Asogli shuts down power plant over $259m debt

pulse.com.gh

Sunon Asogli Power (Ghana) Limited has announced the shutdown of its 560MW power plant, citing severe financial constraints caused by the Electricity Company of Ghana’s (ECG) failure to settle its outstanding debt owed to the company. The plant, a critical component of Ghana’s electricity generation, was forced to suspend operations on Tuesday, October 8, 2024, at 5 PM, leaving the country vulnerable to increased load shedding. According to a pr…

The Vaultz News

Asogli Power Shutdown 560MW Plant over ECG’s $259 Million Debt

The company states that ECG owes Sunon Asogli an amount of $259 million The post Sunon Asogli Suspends 560MW Power Plant Due to Non Payment Of Debt by Electricity Company of Ghana appeared first on Tech Labari.

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Sunon Asogli Suspends 560MW Power Plant Due to Non Payment Of Debt by Electricity Company of Ghana - Tech Labari

Power crisis looms as Sunon Asogli Power shuts operations in Ghana

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