{"id":276009,"date":"2016-12-11T12:31:30","date_gmt":"2016-12-11T12:31:30","guid":{"rendered":"http:\/\/citifmonline.com\/?p=276009"},"modified":"2016-12-11T12:31:30","modified_gmt":"2016-12-11T12:31:30","slug":"abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/","title":{"rendered":"Abrogate power purchase agreement with some IPPs- ACEP to govt"},"content":{"rendered":"

The African Center for Energy Policy(ACEP) has urged government to review existing Power Purchase Agreement with companies holding Power Purchase contracts with the Electricity Company of Ghana.<\/p>\n

According ACEP, it is imperative for government to pull out of some of the agreements since most of the companies have not yet secured funds for the projects even though they have expressed interest.<\/p>\n

\u201cAll emergency power contracts that have failed to deliver on time will have to be canceled or renegotiated into a regular IPP to save on cost. The high tariffs associated with the emergency plants are not appropriate for long term economic planning and protection of industries,\u201d it said.<\/p>\n

\u201cThe conversion of the Early Power Project from an emergency to a regular IPP project is a clear example of how government can reduce high cost of procurement of new capacity,\u201d it added.<\/p>\n

The statement was contained in a report titled \u201cBeyond the Election 2016\u201d.<\/p>\n

Even though the statement was released before the elections, ACEP was of the firm stance that any government that governs in 2017 must cancel such contracts.<\/p>\n

Already, the outgoing Mahama government had announced that it has halt new licenses to companies that have expressed interest to set up Independent Power Plants.<\/p>\n

Citi Business News checks \u00a0is yet to confirm if the directive is being adhered to.<\/p>\n

Meanwhile checks from the website of the Energy Commission revealed that the last license for an IPP to operate was granted on 16th<\/sup> August 2016.<\/p>\n

–<\/p>\n

By: Lawrence Segbefia\/citibusinessnews.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"

The African Center for Energy Policy(ACEP) has urged government to review existing Power Purchase Agreement with companies holding Power Purchase contracts with the Electricity Company of Ghana. According ACEP, it is imperative for government to pull out of some of the agreements since most of the companies have not yet secured funds for the projects […]<\/p>\n","protected":false},"author":14,"featured_media":217293,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,171,170],"tags":[2002],"yoast_head":"\nAbrogate power purchase agreement with some IPPs- ACEP to govt - Citi 97.3 FM - Relevant Radio. Always<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abrogate power purchase agreement with some IPPs- ACEP to govt - Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"og:description\" content=\"The African Center for Energy Policy(ACEP) has urged government to review existing Power Purchase Agreement with companies holding Power Purchase contracts with the Electricity Company of Ghana. According ACEP, it is imperative for government to pull out of some of the agreements since most of the companies have not yet secured funds for the projects […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/\" \/>\n<meta property=\"og:site_name\" content=\"Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/citi97.3\" \/>\n<meta property=\"article:published_time\" content=\"2016-12-11T12:31:30+00:00\" \/>\n<meta name=\"author\" content=\"Kojo Akoto Boateng\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@citi973\" \/>\n<meta name=\"twitter:site\" content=\"@citi973\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kojo Akoto Boateng\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/\",\"url\":\"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/\",\"name\":\"Abrogate power purchase agreement with some IPPs- ACEP to govt - Citi 97.3 FM - Relevant Radio. Always\",\"isPartOf\":{\"@id\":\"https:\/\/citifmonline.com\/#website\"},\"datePublished\":\"2016-12-11T12:31:30+00:00\",\"dateModified\":\"2016-12-11T12:31:30+00:00\",\"author\":{\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1\"},\"breadcrumb\":{\"@id\":\"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/citifmonline.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Abrogate power purchase agreement with some IPPs- ACEP to govt\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/citifmonline.com\/#website\",\"url\":\"https:\/\/citifmonline.com\/\",\"name\":\"Citi 97.3 FM - Relevant Radio. Always\",\"description\":\"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/citifmonline.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1\",\"name\":\"Kojo Akoto Boateng\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g\",\"caption\":\"Kojo Akoto Boateng\"},\"url\":\"https:\/\/citifmonline.com\/author\/kojo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Abrogate power purchase agreement with some IPPs- ACEP to govt - Citi 97.3 FM - Relevant Radio. Always","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/","og_locale":"en_US","og_type":"article","og_title":"Abrogate power purchase agreement with some IPPs- ACEP to govt - Citi 97.3 FM - Relevant Radio. Always","og_description":"The African Center for Energy Policy(ACEP) has urged government to review existing Power Purchase Agreement with companies holding Power Purchase contracts with the Electricity Company of Ghana. According ACEP, it is imperative for government to pull out of some of the agreements since most of the companies have not yet secured funds for the projects […]","og_url":"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/","og_site_name":"Citi 97.3 FM - Relevant Radio. Always","article_publisher":"https:\/\/www.facebook.com\/citi97.3","article_published_time":"2016-12-11T12:31:30+00:00","author":"Kojo Akoto Boateng","twitter_card":"summary_large_image","twitter_creator":"@citi973","twitter_site":"@citi973","twitter_misc":{"Written by":"Kojo Akoto Boateng","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/","url":"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/","name":"Abrogate power purchase agreement with some IPPs- ACEP to govt - Citi 97.3 FM - Relevant Radio. Always","isPartOf":{"@id":"https:\/\/citifmonline.com\/#website"},"datePublished":"2016-12-11T12:31:30+00:00","dateModified":"2016-12-11T12:31:30+00:00","author":{"@id":"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1"},"breadcrumb":{"@id":"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/citifmonline.com\/2016\/12\/abrogate-power-purchase-agreement-with-some-ipps-acep-to-govt\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/citifmonline.com\/"},{"@type":"ListItem","position":2,"name":"Abrogate power purchase agreement with some IPPs- ACEP to govt"}]},{"@type":"WebSite","@id":"https:\/\/citifmonline.com\/#website","url":"https:\/\/citifmonline.com\/","name":"Citi 97.3 FM - Relevant Radio. Always","description":"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/citifmonline.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1","name":"Kojo Akoto Boateng","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g","caption":"Kojo Akoto Boateng"},"url":"https:\/\/citifmonline.com\/author\/kojo\/"}]}},"_links":{"self":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/276009"}],"collection":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/comments?post=276009"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/276009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/media\/217293"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/media?parent=276009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/categories?post=276009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/tags?post=276009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}