Deputy Minister of Electricity, Dr Mohammed Amin Adams claims domestic gas consumers may well enjoy a reduction in gasoline costs before long.
According to him, the governing administration is at present in talks with electricity producers to lower the expense of electrical power which will at some point necessarily mean less expensive electrical power for industries and mining companies and a reduced level for domestic fuel people.
Dr Amin Adam said, “The Ministry of Power has been implementing interventions in the energy sector built to mitigate price and guarantee efficiencies which include renegotiating of ability invest in settlement on charge of technology, and I have to say that the honourable minister is chairing a committee that is negotiating with the impartial ability producers to provide the value of technology down.
We’re also recalibrating domestic gas charges. I’m also heading to chair a committee negotiating with the oil and gasoline producers to be certain that we carry fuel rates down”.
Mining firms and Producing organizations may perhaps also be suffering from some downward adjustment in electricity tariffs before long if predicted negotiations go properly as planned.
Dr Amin Adam was speaking at the opening of the Ghana Mining and Power Summit in Accra under the theme ‘harnessing mining and energy probable to speed up nationwide growth.’
The challenge of ability tariffs carries on to be a important challenge for industries including mining companies in the region despite a determination by the federal government to stop the intermittent source.
This year’s Mining and Vitality Summit is geared to acquiring a solution to some of the problems in the mining sector as very well as harnessing alternatives in the sector.
Deputy Minister of Energy Dr Amin Adam speaking on behalf of his Minister Peter Amewu confident that government has opened a discussion with the many energy producers for reduce tariffs for industries like the mining firms.
He explained the current evaluate of charges of maritime fuel is probable to influence mining things to do.
On his component, President of the Ghana Chamber of Mines, Eric Asubonteng assured the governing administration of close collaboration to guarantee the region derives the best from the sector.