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13.12.2019 Business & Finance

Debtors To Pay GRIDCo, Strike Suspended

By News Desk
Debtors To Pay GRIDCo, Strike Suspended
LISTEN DEC 13, 2019

The Ghana Grid Company (GRIDCo), says it has secured the commitment of its external partners on resolving the debt crisis that warranted the strike by its staff.

The GRIDCo senior staff have been protesting the operational challenges of the company linked to the indebtedness of some companies to GRIDCo.

They hinted to strike due to the non-response by GRIDCo Management and the Energy Ministry over debts owed them by companies such as the Electricity Company of Ghana (ECG), Volta Aluminium Company (VALCO) and Volta River Authority (VRA) by withdrawing emergency services.

But, they have suspended the action following a Joint Standing Committee Meeting with the Management of GRIDCo.

The Corporate Affairs Manager of GRIDCo, Ebenezer Amankwa, told Citi News that the decision to suspend the action was taken in the best interest of electricity consumers.

“We have had the commitment from all the stakeholders involved in working together with us towards making sure that the debts that are owed us are paid. I can't tell exactly the figures involved here. I think what is important is the commitment from our external parties that they will work towards resolving the issues that are outstanding. The most important thing that was taken into consideration by all of us is that essentially we have to assure Ghanaians that our mandate to ensure reliable transmission of power supply to all involved is maintained. So, we have to come together as a united force for the good of the People of Ghana.”

GRIDCo staff suspend planned sit-down strike

The staff had originally threatened to strike on December 4 but have now suspended their planned sit-down protest in their claim that ECG and NEDCo owe about GH¢607 million and GH¢177 million respectively, while VALCO and PDS owe over US$32 million and GH¢94 million respectively.

A joint statement issued by the company said “following a Joint Standing Committee meeting of the Management and Staff Groups of the Ghana Grid Company Limited (GRIDCo)….the intended sit-down strike action had been suspended.”

The statement also said, “management is committed to closer and regular engagements with the Staff Groups and Stakeholders with the view to resolve all outstanding issues.”

---citinewsroom

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