The Millennium Challenge Corporation (MCC), the United States Agency funding the Ghana Power Compact II, has extended the compact duration to June 2022.
The Ghana Power Compact II, which was started in September 2016, was originally scheduled to end on September 6, 2021.
However, the MCC has extended the Compact citing delay in some of the projects due to the Covid-19 pandemic.
Steve Marma, the MCC Country Director, disclosed this to energynewsafrica.com during the inauguration of the Meter Management System established by the Millennium Development Authority (MiDA).
According to him, it is not the practice of rhe MCC to extend the compact period but had to do so because of the exigency of the time.
The Ghana Power Compact II focused on the ECG’s Financial and Operational Turnaround Project, Regulatory Strengthening and Capacity Building Project, Access Project and Energy Efficiency and Demand-side Management Project.
Some of the projects which have been completed under the Compact are the Pokuase Bulk Supply Point, Meter Management System, GIS Complete and AC Test Facility Complete.
“With our partners at the Millennium Development Authority [MiDA], and in partnership with entities like the Electricity Company of Ghana [ECG], the Ghana Power Compact is strengthening the southern power transmission and distribution systems to bring more reliable electricity to Ghana, its citizens and businesses,” Mr Steve Marma said at the inauguration and handing over of the $15 million Meter Management System to the Electricity Company of Ghana.
He added that “this new IT investment will make things a little better for the ordinary Ghanaian who needs electricity in their everyday activities.
“When you finish work and go to pay for your electricity, the pre-paid credit system shouldn’t be down. It now has a backup system to provide redundancy.
“And instead of rushing to the ECG payment centre in your region, once fully rolled out, MMS allows payments across geographic boundaries, giving customers more flexibility at where they pay,” he concluded.
Source:https:// energynewsafrica.com
