We’re not indebted to Power Producers – PDS

Power Distribution Services (PDS) company has refuted assertions it owes some six Independent Power Producers (IPPs) huge sums of monies. The IPPs, which currently supply about 1,500 megawatts of electricity threatened to shut down their plants if PDS fails to settle debts amounting to over $700 million within eight working days. But in a statement, PDS, which took over power distribution from the Electricity Company of Ghana, said it had no contractual agreement with the IPPs. ...

We’re not indebted to Power Producers – PDS
Power Distribution Services (PDS) company has refuted assertions it owes some six Independent Power Producers (IPPs) huge sums of monies. The IPPs, which currently supply about 1,500 megawatts of electricity threatened to shut down their plants if PDS fails to settle debts amounting to over $700 million within eight working days. But in a statement, PDS, which took over power distribution from the Electricity Company of Ghana, said it had no contractual agreement with the IPPs. ...