Sunon Asogli Power (Ghana) Limited has announced the resumption of operations of its 560MW power plant following an intervention by Finance Minister Mohammed Amin Adam and Energy Minister Herbert Krapa.
The plant, which had been shut down due to financial constraints, resumed operations on Monday, November 25, 2024, at 3 PM.
In a press release issued on November 25, the company expressed gratitude to the Minister for Finance, Mohammed Amin Adam, and the Minister for Energy, Herbert Krapa, for facilitating the release of emergency funds to address the plant’s critical financial needs.
Sunon Asogli also commended the Vice President for his intervention in ensuring payments.
“We wish to express our sincere appreciation to the Minister for Finance, Mohammed Amin Adam, and the Minister for Energy, Herbert Krapa for their intervention, to release emergency funding to address our critical financial need,” the statement read.
“We would like to commend H.E. the Vice President, for his intervention in ensuring the payment to us for our return to operation.”
Sunon Asogli revealed that it submitted the final version of its Restructuring Terms Sheet to the Ministry of Finance and the Electricity Company of Ghana (ECG) in August 2024.
The company expects the terms to be finalized and signed soon, ensuring stability and reliability in Ghana’s energy sector.
“We are confident that a win-win solution that will ensure the stability and reliability of Ghana’s energy sector will be achieved,” the statement added.
“We deeply regret the impact of our shutdown,” the company apologised in the statement.
The post Sunon Asogli’s 560MW power plant resumes operations after govt intervention first appeared on 3News.
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