The Vice President, Professor Naana Jane Opoku-Agyemang, has expressed satisfaction with initiatives taken by the Minister of Energy and Green Transition, John Jinapor, and his team to turn around the power sector from collapsing.
During a working visit to the Ministry in Accra on January 27, the Vice President said she is happy that Ghanaians did not experience power cuts following the huge debts and the ailing sector the NDC government inherited in 2025.
“This is a good story. I remember when the results had been declared and we quickly went into all kinds of meetings, and I remember all the pressures especially when we were learning the real situation that we had inherited and what needed to be done,’’ Prof Opoku-Agyemang recalled.
The Veep said she is proud that all the interventions have yielded results noting “we were threatened with huge debts and power cuts even before we took over power.’’
The Minister of Energy and Green Transition, John Jinapor said additional power would be procured this year in order to address projected 2026, 2027, 2028 supply deficit and match rising electricity consumption.
According to the Minister, consumption of electricity has increased due to the improvement in the economy.
“Because of the way the economy is picking up, there’s a lot of increased consumption when it comes to electricity, and so we must match that pace. And to do so, we must be very innovative. So, we are coming up with either competitive tendering, or we use VRA as a fund so that we can have cheaper power for the people of Ghana,’’ he said.
He also indicated that hydro power has declined to 28%, necessitating proactive measures to avoid a 290-420 MW deficit by 2026 and beyond.
Mr John Jinapor said his outfit would construct a second gas processing plant using indigenous gas.
In the petroleum sector, the Minister noted that crude oil production is beginning to pick up.
“Crude oil production is expected to increase by 10,000 barrels per day, and gas fields have been expanded. A $2 billion agreement will reduce gas prices from $3.1 to $2.5, boosting consumption and production,” he stated.
The Minister said the Tema Oil Refinery is operational, and the Ghana Cylinder Factory has refurbished 57,000 cylinders.
Solar projects and EV charging stations are being developed to support a green transition.
