Tag: Cash Waterfall Mechanism
Business
Cash Waterfall Mechanism was made to favors IPPs – VRA Senior Staff
Senior Staff Association (SSA) of the Volta River Authority (VRA) expresses concern over the impact of the revised Cash Waterfall Mechanism on the company's...
Business
Audit reports on cash flow system in energy sector to be made public – Finance Minister-designate
The Minister-designate for Finance, Dr Mohammed Amin Adam, has revealed the government’s intention to release audit results of the cash waterfall mechanism to improve...
News
Anomalies detected in electricity revenue disbursement system – PwC
A recent audit conducted by PricewaterhouseCoopers (PwC) on the Cash Waterfall Mechanism (CWM), a system devised for distributing electricity revenue payments, has revealed discrepancies...
News
Government engages IPPs for energy sector debt relief
The Minister of Finance, Ken Ofori-Atta, during the Mid-year budget review in Parliament, disclosed that the government is actively engaging with the Independent Power...
News
ECG’s GHS3.1 billion retrieved during its operation remains a mystery – ACEP
The African Center for Energy Policy (ACEP), an energy think tank, has raised concerns in its July 2023 publication.It questions the transparency of...