Karpowership in talks with gov’t over $379m unpaid debt

Karpowership Ghana is currently discussing with the government to address accumulated debt, stating that the non-payment of invoices is affecting its operations.

Speaking in an interview, Sandra Amarquaye, Communication Manager for Karpowership Ghana, confirmed that the company has engaged the Ministry of Energy regarding outstanding financial obligations.
“We had a meeting with the Minister of Energy to bring to his attention the accumulated debt and engage in negotiations,” she stated.
Ms Amarquaye noted that discussions are ongoing, and Karpowership Ghana remains committed to finding a sustainable solution in collaboration with the government.

“While we continue to operate, the non-payment of invoices is having an impact on our operations,” she stated.

She reiterated Karpowership Ghana’s commitment to its partnership with Ghana, highlighting the importance of resolving the issue to ensure a stable and mutually beneficial relationship.

Her comments come amid concerns about Ghana’s energy sector and the financial commitments required to sustain power supply agreements.

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