- Government faces urgent need to fund fuel supplies for thermal plants.
- Looming energy shortages threaten industries and investor confidence.
Accra, Ghana – Ghana’s government is scrambling to secure nearly $90 million to avert a potential power crisis stemming from dwindling fuel reserves for its thermal plants. A report by the Ghana Grid Company (GRIDCo) reveals critically low reserves of light crude oil, a key fuel for power generation in Tema, as electricity demand surges. Officials confirmed the dire situation on Wednesday, warning of the heightened risk of outages.
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