Enclave Power: We Don’t Owe GRIDCo A Dime

A private power distribution company, Enclave Power, has denied a report by the Auditor General that it owes the Ghana Grid Company.

In a statement issued by its Customer and External Relations Department, Enclave Power said the AG’s assertion in the 2019 report that it owes GRIDCo that amount was misleading.

It was also hurtful to its reputation, it said.

“The framing of the narrative is woefully misleading and has caused immeasurable damage to Enclave Power Company Limited’s image. We are therefore issuing this rejoinder to clarifythe situation and provide the proper context.

“The sourced document (i.e., the 2019 Auditor General’s report) uses figures from 2017and thus does not represent the current state of affairs. The story as it relates to Enclave Power Company Limited, is therefore set in the wrong context.

“Currently, Enclave Power Company Limited is fully paid up on its obligations to GRIDCo, and has no outstanding arrears owed to GRIDCo as at 31st March 2021,’ the statement said.

It would be recalled that the 2019 Auditor-General’s report had said a ¢230 million debt owed the Ghana Grid Company Limited (GRIDCo) had become an albatross.

The report had listed Enclave Power Company Limited as owing GRIDCo a little over ¢3 million, Electricity Company of Ghana’s debt is over ¢1 million, Northern Electricity Distribution Company (NEDCo), ¢63 million.

The Bui Power Authority, according to the report, owes GRIDCo more than ¢4 million while the Volta Aluminium Company Limited owes over ¢15 million.

Others include Great Consolidated Diamonds and Free Zones Board bringing the total to more than ¢230 million.

However, according to Enclave power, the issue referred to by the 2019 Auditor General’s report only describes the situation as of 2017.

It has since fully paid up its debt.


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