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We will not collapse if we don’t get all 148% proposed increase – ECG

Overseer of Communications at the Electricity Company of Ghana (ECG), William Boateng, has expressed that the organization won't fall if the Public Utilities Regulatory Commission (PURC) doesn't concede the proposed 148% addition.

The ECG is making interest of 148% expansion in tax. A proposition from the power merchant, submitted to the Public Utilities Regulatory Commission (PURC), needs the change in accordance to over the period 2019 and 2022.

Overseer of Communications at the Electricity Company of Ghana (ECG), William Boateng

It likewise proposed a normal increment of 7.6% in duty over the following four years to cover Distribution Service Charges (DSC).

The PURC has in this manner held a gathering for certain partners remembering the Mines and Energy Committee for Parliament, the Civil Society Organizations, the World Bank and USAID, the media, and the Association of Ghana Industries (AGI) to put absolution to the matter.

Talking about a meeting on Joy FM's Top Story, Mr. Boateng got out that anything rate PURC settles on will be utilized to deal with the common circumstance.

JoyNews/AdomNews · We won't fall if we don't get all 148% proposition - ECG

"We will accept it in our steps concerning what will arise, yet we know that they will think about both the shopper's and our inclinations. At the point when they give all of us, we will be cheerful. If not, we won't fall. We will submit what they give us to other advancement accomplices. We will give it to the proprietor of the organization, we will present our defense and they will take a gander at regions that we should address right away," he added.

At the point when inquired as to why ECG wouldn't demonstrate its ability to pay off its obligation to deals proportion by 20% before requesting more, he said: "ECG has been offering the types of assistance currently over the most recent 3 years."

He said almost $400 million have been contributed, but there is a breaking point "since we need to go the monetary foundations with our ongoing assertion and it isn't great, for that reason we are arguing for the PURC and clients to help us and put into the framework."

Content created and supplied by: Mudeezy242 (via Opera News )

ECG PURC Public Utilities Regulatory Commission William Boateng World Bank


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