The World Bank has said a planned review of a $510million energy deal between the government of Ghana and Dubai-based Ameri Energy is apt.
The deal signed between the erstwhile Mahama administration and Ameri Energy, was allegedly inflated by $150million, a report by a 17-member committee set up by Energy Minister Boakye Agyarko and chaired by Mr Philip Addison revealed.
Already the government of Ghana has indicated that it will review all power purchase agreements signed during the Mahama administration.
The Ghana Country Director of the World Bank, Henry Kerali, speaking on the deal said: “We think it is right for the government of Ghana to review the Power Purchase Agreements that were signed.”
“With the pending power generation plants still to come online, it will still go to increase the excess capacity,” he told Citi FM.
Source: Ghana/AccraFM.com
