Ghana’s Independent Power Generators (IPGs) have commended the Government, Ministry of Finance, and Ministry of Energy and Green Transition for settling a major chunk of long-standing legacy arrears owed to power generation companies.
In a statement released on Monday, January 12, 2026, the IPGs hailed the 2025 payments as a pivotal milestone in restoring financial stability and operational confidence across the energy sector.
The group described the debt clearance as evidence of “decisive leadership, disciplined fiscal management, and a clear commitment” to tackling inherited challenges that have plagued the sector for years.
IPGs spotlighted the Ministry of Finance’s role in mobilizing funds and the Energy Ministry’s rigorous enforcement of the Cash Waterfall Mechanism and other reforms, which have boosted payment reliability for service providers.
These efforts signal to domestic and international investors that Ghana is serious about honoring contracts, improving governance, and rebuilding trust in its power market—ultimately restoring investor confidence and paving the way for fresh capital, technology, and partnerships.
The IPGs reaffirmed their dedication to Ghana’s energy security, economic growth, and industrial progress. They pledged full collaboration with the government and sector agencies to ensure reliable power, advance reforms, and drive efficiency, transparency, and value across the power chain.
“We are confident this collaborative approach to resolving legacy arrears will shape a Government-IPG partnership focused on energy sustainability, financial discipline, and shared prosperity for Ghanaians,” the statement concluded.
Story by: Mercy Addai Turkson #ahotoronline.com