According to a report by the Ghana Grid Company (GRIDCo) the new government will require a total of $89.90 million dollars to procure liquid fuel in the absence of natural gas. This is necessary to enable electricity power generation companies in the country to produce adequate power for consumption.
This comes as the West Africa Gas Pipeline Company, which supplies natural gas to the country, is scheduled to undergo a major maintenance work, known as pigging, and will be unable to supply gas to Ghana for nearly one month.
GRIDCo announced the maintenance of gas pipelines from Nigeria to Ghana by the West African Gas Pipeline Company (WAGP) which was initially scheduled for October 2024 but was postponed by the previous government to January 2025.
The GRIDCo report details key strategies to mitigate the impact of the fuel shortage and maintain grid stability such as Rescheduling Planned Maintenance, Securing Alternative Fuels and Load Management Measures.
Meanwhile, the new government has already initiated steps to address the looming crisis by engaging in meetings with various power sector stakeholders.
The emergency meeting which was concluded today, has been tasked to come up with a roadmap by close of day today to address the challenge.
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