Hot!
Load management brouhaha: ECG replies GRIDCo
The Electricity Company of Ghana (ECG) has expressed shock at allegations of non-compliance with load management instructions levelled against them by Ghana Grid Company (GRIDCo).
GRIDCo in a letter dated March 28, 2024, raised concerns about ECG’s adherence to load management directives from GRIDCo’s System Control Centre (SCC), accusing the power distributor of putting country’s power generation at risk as a result of its lack of compliance.
Against this backdrop, in a letter signed by ECG’s Chief Executive, Ing. Ebenezer Kofi Essienyi emphasised its commitment to cooperate with GRIDCo and maintain operational cohesion within the electricity value chain.
They, however, expressed confusion and concern over the allegations, stating that GRIDCo’s presentation of the situation lacks context and overlooks operational challenges faced by ECG.
According to ECG, “The letter which was received on 3rd April, 2024 portrays that there is no cohesion and cooperation in operational matters between ECG and GRIDCo in maintaining national power system integrity. ECG wants to reiterate that GRIDCo is our partner in the electricity value chain and that we work closely together. This makes the presence and circulation of this letter confounding to ECG.”
They added that the issue primarily revolves around the timing and adequacy of load management requests received from GRIDCo. While ECG acknowledges receiving directives from GRIDCo to drop loads at specific Bulk Supply Points (BSPs), it highlights discrepancies in the timing of these requests and the resulting impact on operational planning.
ECG provided detailed statistics on load management requests received from GRIDCo between January and March 2024, demonstrating instances where requests were received shortly before peak or off-peak periods, limiting ECG’s ability to plan and inform customers adequately.
According to them, despite these challenges, ECG has maintained a high level of compliance with load management requests, particularly in January and February 2024.
“It is a fact that GRIDCO routinely directs ECG’s System Operators to drop load at some of our Bulk Supply Points (BSPs), but the issue has been the inadequacy between the time these requests are received and the time these requests must be effected to sustain the integrity of the power system and also for ECG to inform its customers,” the reply noted.
“It is worthy to note that, between January and March 2024, sixty-four (64No.) requests were received from GRIDCo for load management. Out of this, forty (40No.) were for peak periods (18:00 – 24:00 hrs) and twenty-four (24No.) for off-peak (06:00 – 18:00 hrs) load management,” ECG noted.
According to the letter “Out of the forty (40no.) peak load requests, thirty-five (35No.) (88 percent) of them were received within an hour to the peak period. There were only five (5No) (12percent) instances where ECG received the request within 2-3 hours of the peak period.”
They added that out of the Twenty-Four (24No.) off-peak load requests, three (3No) (13percent) of them were received within 30 minutes to the off-peak period while the remaining Twenty-One (21 No.) (87percent) instances were received far into the off-peak period.
ECG additionally highlighted specific incidents in March 2024, where operational challenges within its network led to a lower compliance rate with GRIDCo’s load management directives.
They also emphasised the need for GRIDCo to provide advance notice of load management requests to enable ECG to plan and execute operations effectively without unduly impacting customers.
The power distributor also reaffirmed its commitment to collaborating with GRIDCo and other stakeholders to ensure the stability of the transmission system, however, ECG reiterated its request for GRIDCo to provide timely and comprehensive notices for load management operations to facilitate effective coordination and minimise disruptions to customers.
“It is noted that, requests from GRIDCo for load management are no longer for emergency operations, but are made on a routine day-to-day basis, becoming an irritation and disturbance to customers,” they said.
ECG assured that they will always cooperate with all relevant stakeholders, including GRIDCo in order not to jeopardise the stability of the transmission system.
“We however wish to reiterate our request that the notice to our System Operators for load management should be received before 3:00pm for peak load and 4am for off-peak load management or to be received 24 hours ahead in each case, as what is happening now is no longer an emergency operation but seemingly a routine daily activity,” the letter
The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) successfully held its sixth (6th) Exchange Programme, hosted by the Ghana Export – Import Bank (GEXIM) Bank in Accra from March 22 to 23 March.
The event brought together member institutions, partner organisations and Ghanaian public entities to advance dialogue on South-South trade, investment and development finance, while also creating opportunities for knowledge-sharing and institutional cooperation.
Organised as a capacity-building and networking platform, the 2026 edition of the G-NEXID Exchange focused on GEXIM’s experience in developing innovative solutions to promote intra-African and extra-African trade.
It also highlighted trade and investment opportunities in Ghana, particularly in the context of the African Continental Free Trade Area (AfCFTA) and broader national development initiatives.
The Exchange Programme forms part of G-NEXID’s mandate to foster cooperation among export-import banks and development finance institutions in support of South-South trade and investment.
This 6th edition follows earlier successful programmes hosted by India Exim Bank (2016), BNDES (2017), Indonesia Eximbank (2018), Afreximbank (2019) and Saudi EXIM Bank (2025).
On the first day, participants were presented with G-NEXID institutional information and received an update on the Network’s 2026 work programme.
There were a series of substantive presentations, including an overview of the Ghanaian economy by the Ministry of Finance, with particular attention to debt-related challenges; a presentation by the Ghana Investment Promotion Centre (GIPC), on investment opportunities in the country; and institutional presentations by GEXIM and Development Bank Ghana (DBG) on their respective mandates, initiatives, products and services.
Discussions during the sessions underscored strong interest in sector-focused webinars and business dialogues, particularly in agribusiness value chains such as poultry and rice.
Participants also emphasized the importance of continued information exchange and the sharing of best practices, especially in the area of guarantees.
The second day opened with a presentation on the 24-Hour Economy and Accelerated Export Development Programme, a national economic transformation strategy launched by President John Dramani Mahama in July 2025.
The initiative aims to enhance economic productivity through continuous industrial activity, accelerated export development and strategic import substitution.
As the programme is expected to mobilise both private and development capital, it presents concrete opportunities for G-NEXID members in areas such as co-financing, guarantees, trade finance and technical cooperation.
The programme also featured institutional presentations by guest organisations, namely the African Guarantee and Economic Cooperation Fund (FAGACE) and the West African Development Bank (BOAD), which shared their mandates, initiatives, products and services.
Following these exchanges, the G-NEXID Secretariat held bilateral discussions with both institutions as part of the Network’s ongoing membership drive.
Participants further benefited from a presentation by the Eastern and Southern African Trade and Development Bank (TDB), as well as a showcase of GEXIM’s key pipeline projects.
On the margins of the Exchange Programme, G-NEXID members also held their 20th Annual General Assembly Meeting to review progress and discuss strategic priorities.
Following the event, participants joined the GEXIM@10 International Conference, held from March 24-25, 2026 under the theme, “A Decade of Enabling Export Trade and Industrial Transformation: Resetting GEXIM for the Next Frontier.”
The conference provided an important platform for exploring how Ghana can strengthen its transition from a primary commodity exporter to a more competitive player in value-added trade and industrial development.
Source – G-NEXID
President John Dramani Mahama on Tuesday, March 31, 2026, signed five bills including three amendment bills passed by Parliament into law.
They are: Security and Intelligence Agencies Bill, 2025; University of Engineering and Agricultural Sciences Bill, 2025; Ghana Deposit Protection (Amendment) Bill, 2025; Growth and Sustainability Levy (Amendment) Bill, 2026; and Education Regulatory Bodies (Amendment) Bill, 2026.
In a brief remark after assenting to the bills, President Mahama explained that the Security and Intelligence Agencies Act, 2026, scraps the Office of Minister of National Security and frees the President’s to appoint any Minister to supervise the security agencies.
He said it also reverses the name of the office of National Intelligence Bureau (NIB), to the original name, Bureau of National Intelligence, (BNI).
This the President said, addresses the confusion between that security agency and a well-known Ghanaian financial institution, the National Investment Bank.
President Mahama also noted that the University of Engineering and Agricultural Sciences Act, 2026, establishes another University in the Eastern Region, at Bonsu, with three campuses – the main campus at Bonsu in the Eastern Region, with the second campus to be cited at Ohawu in the Oti Region.
The third, the Presdient assed will be located at Acherensua in the Ahafo Region.
Touching on the Amendment to the Growth and Sustainability Levy Act, the President said, “As you’re aware, the act was amended to increase it from 1% to 3%, and so this act reduces it again. That is the levy on mining companies. It reduces it again to 1%, because of the introduction of the sliding scale of royalties.”
He also spoke to the passage of the Government Education Regulatory Bodies Amendment Act, emphasising that amends Act 1023 to grant greater flexibility to private tertiary institutions and the option to Charter.
The Ghana Deposit Protection Amendment Act, the President concluded, is an amendment to an original act that was supposed to guarantee deposits held in commercial banks or financial institutions.
It basically expands protection to include mobile money wallets and other digital platforms, ensuring a wider scope of digital financial assets are secured.
The signing ceremony, was witnessed by the Clerk of Parliament, Mr. Ebenezer Ahumah Djietror, Secretary to the President, Dr Callistus Mahama, the Minister of Justice and Attorney General, Dr Dominic Akrutinga Ayine, Chief of Staff, Julius Debrah, Joyce Bawa Mogtari, a Senior Presidential Advisor and a Special Aide to the President, Finance Minister, Dr Cassiel Ato Baah Forson, and the Vice President, Professor Jane Naana Opoku Agyemang.
