Energy Minister, Peter Amewu, has indicated that the Electricity Company of Ghana, ECG, is expected to see an improvement in its revenue collection.

According to the Minister, ECG has begun piloting a remote sensing technology that will help in the process.

“So, going forward, we will significantly improve revenue collection with the implementation of a remote sensing technology which is currently being piloted by the ECG. We will reduce loses; particularly in power distribution by ensuring ECG and NEDCO implement incentive-based loss reduction for all. We will complete ongoing rural electrification projects to ensure there is value for money. We will undertake competitive procurement of power, the least cost fuel procurement and minimizing excess capacity charges.”

The Millennium Development Authority (MiDA), earlier this year acquired a $12-million equipment that will help improve the revenue mobilization drive of the utility service provider.

The equipment, which comprised 17 servers in six racks, 40 point-of-sale devices, uninterruptable power supply (UPS) systems, laptops and printers, will integrate the ECG’s smart prepaid metering platforms (mobile application) which was rolled out at the beginning of this year.

ECG receives 130million dollars to revamp its equipment

The Energy Minister, who was speaking at the Nation Building Updates on Thursday also indicated that the country’s energy sector is expected to receive a major boost as government is set to release over 100million dollars to replace outmoded equipment of the Electricity Company of Ghana, ECG. This is to help improve the distribution of electricity across the country.

He stated that, an amount of 130 million dollars has been given out to make sure that ECG replaces its obsolete equipment.

Source: Citibusinessnews.com