The Chief Executive Officer of the Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDiB), Elikplim Kwabla Apetorgbor, has been invited by the Institute of Economic Affairs, a policy think tank in the Republic of Ghana, to speak at a forum on transparency of Power Purchase Agreements in Ghana.
According to the Institute of Economic Affairs (IEA) in Ghana, the country’s Power Purchase Agreements are shrouded in secrecy and had contributed to several problems in the electricity sector ranging from fiscal payments, negotiation costs, non-competitive pricing, reliability and ineffective power sector.
The IEA, with support from the Energy Hub in Washington DC, had, therefore, carried out a study of Ghana’s PPAs transparency and has made appropriate recommendations to the Government and Parliament of Ghana.
On the theme: ‘What does Ghana Stand To Gain From Power Purchase Agreement Transparency’, a forum to be held on October 27, Mr Apetorgbor is expected to highlight how transparency of the Power Purchase Agreements would support the effort of policymakers, investors and development finance institutions to accelerate energy market development and to reap the benefits of open competition.
The forum, which is organized to share the results of the study by the IEA, would feature key players including the government, the business community, academia, development partners, parliament, Civil Society Organizations as well as the media.
Source: https://energynewsafrica.com