July 13, 2024
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Rationalize hydro generation to benefit Ghanaians, not the export market – COSECA   

The Coalition of Stakeholders on Electricity Contracts and Arrangements (COSECA) has called on the government to improve the generation mix of the hydro component that can reduce the tariff to the benefit of Ghanaians.

In a press statement, the group questioned why Ghanaians are not enjoying the rains that have caused floods to the ordinary Ghanaian.

“The rains that have caused floods to ordinary Ghanaians ironically have not improved the generation mix with an increased hydro component that potentially can reduce the tariff to the benefit of Ghanaians.

“COSECA strongly believes that the generation mix has to be rationalized to ensure that the benefit of increased hydro generation is passed on to Ghanaians and not the export market. This situation needs to be rectified using the automatic adjustment mechanism to redistribute over and under recoveries to the benefit of Ghanaians,” COSECA stated.

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