Ghana’s energy sector is on the verge of a major setback as Karpowership, the company operating the Aboadze power barge, has threatened to cut electricity supply over an outstanding $379 million debt.

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The warning was issued during a meeting on February 10, 2025, between Energy and Green Transition Minister John Abdulai Jinapor and representatives from Karpowership.

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The unpaid amount, owed by the state-run Electricity Company of Ghana (ECG), adds to the country’s growing energy sector liabilities, which have now surpassed $3 billion.

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Minister Jinapor, acknowledging the seriousness of the issue, appealed to Karpowership to delay any drastic action while the government explores ways to clear the debt.

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Meanwhile, the International Monetary Fund (IMF) has repeatedly flagged Ghana’s rising energy sector debt as a significant financial risk, urging urgent reforms to avert a potential collapse.

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If Karpowership goes ahead with its plan, Ghana could face extended power outages, affecting industries, businesses, and daily life nationwide.

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