Due to the government's failure to pay arrears owed to Independent Power Producers (IPPs), the producers have called for an emergency meeting as the debt has escalated from US$2 billion to approximately US$2.3 billion.

The meeting is scheduled to take place tomorrow, Thursday, July 27, 2023.

One month ago, the IPPs had planned to shut down their power plants supplying the national grid but postponed the action due to what they considered fruitful engagements with the Electricity Company of Ghana.

Despite the agreements reached, sources from Citi Business News suggest that the government has breached the agreements, causing disappointment among the IPPs.

The primary objective of the meeting is to devise a strategy to address the government's outstanding debts and avoid a potential power crisis.

The IPPs have refrained from disclosing further details about their challenges but have promised to provide more information after the emergency meeting.