Ghana’s power transmission company, GRIDCo, is facing several court cases which could result in the payment of about Ghs106,810,500.00(US$13,522,209.30) to litigants.
According to GRIDCo, these claims could result in project delays across the country, thereby, affecting their ability to meet statutory objectives.
GRIDCo revealed this in the Multi-Year Major Tariff Review 2022-2027 proposals submitted to the Public Utilities Regulatory Commission (PURC) for consideration.
The company said it continues to face enormous legal challenges concerning claims for the payment of compensation to Project Affected Persons (PAPs).
It added: “Cash flow issues related to the availability of funds to cover all aspects of project execution remains a major hurdle for project execution.”
In this regard, GRIDCo said, “When payment to PAPs is unavailable or inadequate, PAPs impacted by substation and transmission line projects across the country make substantial financial claims in courts and before statutory bodies such as the Commission for Human Rights & Administrative Justice (CHRAJ) for the resolution of matters related to compensation payments.”
Source: https://energynewsafrica.com