Institute of Energy Security tasks Ghana's Power Distribution Service to improve revenue collection

The Institute of Energy Security(IES) wants the Power Distribution Service (PDS) to improve its revenue collection for power sold in order to ensure prompt payment of power producers.

Power transmission

In an interview with Accra-based Citi FM, the Executive Director of the IES, Paa Kwasi Anamua Sakyi, said power supply will be more stable when the revenue collection system is improved.

“I think PDS has failed to collect its revenues quite on time. Ghanaians are also stealing power from them and they have allowed Ghanaians to steal power. I am sure if they can really handle the losses in their system both commercial and technical, which is more than 29% of the power they distribute, things will be stable,” he said.

Mr Anamua Sakyi’s comment comes after threats by Independent Power Producers to cut power if some monies owed them are not paid.

The Chamber of Independent Power Distributors and Bulk Consumers (CIPDIB) has threatened to cut power to homes and offices if the outstanding debt which is in excess of US$600million owed them was not paid.

Even though the Electricity Company of Ghana (ECG) has confirmed receiving GH¢200 million as part payment for the outstanding debt, the CIPDIB told Citi Business News, they have not received any communication to that effect.

However, the IES believes the PDS will be able to save some money to pay the independent power producers when they have been supplied power if revenue generation is better.

“It is not how much installed capacity that you have, it is how much fuel you have; it is the money that is the revenue you generate. If the money is not there, they will be unable to work efficiently,” Mr. Anamua Sakyi added.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Referee behind chaos at AFCON was rushed to hospital after match

Referee behind chaos at AFCON was rushed to hospital after match

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job

Africa's richest man, Aliko Dangote, adds extra $915 million to his vast wealth in Q1 2022

Africa's richest man, Aliko Dangote, adds extra $915 million to his vast wealth in Q1 2022

Zuchu forced to apologize to fans after viral video raised eyebrows

Zuchu forced to apologize to fans after viral video raised eyebrows

Willy Paul wins against Diana Marua in court

Willy Paul wins against Diana Marua in court

KDF moves to forcibly acquire Sh 500M supermarket land in Nairobi

KDF moves to forcibly acquire Sh 500M supermarket land in Nairobi