BusinessNews

ECG Losses GH¢25 Million Whenever Rainfalls- Managing Director

Samuel Dubik Mahama, the Managing Director of the Electricity Company of Ghana (ECG), records a loss of GH¢25 million whenever rainfalls.

According to him, the power distribution company was averaging between GH¢40 to GH¢50 million daily adding that the rain has made ECG run into losses.

He explained that ECG loses about GH¢25 million whenever it rains in any part of the country since consumption tends to decrease when the weather is cold.

Speaking on JoyNews, Mahama stated that “Before the rainy season set in, ECG was averaging between GH¢40 to GH¢50 million a day. Now any day that you see rain, note that we’re down by GH¢25 million.”

KobbyMadeit

Kobby MadeIt is a Ghanaian blogger, artists manager, radio presenter and business man. CEO of MadeIt Records. A musical record label situated in Accra

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