Bui Power Posts $64.5m Profit in 2024

SIGA Directs Bui Power Authority to Pay First Dividends in 2025

The State Interests and Governance Authority (SIGA) has instructed the Bui Power Authority (BPA) to begin paying dividends to the Government of Ghana starting with the 2025 financial year, a move aimed at deepening the contribution of state-owned enterprises (SOEs) to national revenue.  The directive comes after BPA reported $139.7 million in total revenue for 2024, slightly above its target of $139.5 million, but down 11.1 percent from 2023 due…

Bui Power posts $64.5m profit in 2024

Bui Power Authority has announced a net profit of 45.5 million dollars for the 2024 financial year, exceeding its target of 33.6 million dollars. The authority also recorded a total generation of 1,343 gigawatt hours, which was one per cent above target, with its plants achieving 93 per cent availability and a starting reliability of 99.07 per cent. The Acting Chief Executive Officer, Mr Kow Eduakwa Sam, said this at the Authority’s 2025 annual …

Bui Power Authority posts US$64.5m profit, despite fall in revenue, surging unpaid bills

By Kizito CUDJOE The Bui Power Authority (BPA) nearly doubled its profit target in 2024 despite a decline in revenue and a surge in receivables, revealing both the financial resilience and operational pressures of the state-owned hydropower producer, according to its 2024 financial statement. BPA posted a net profit of US$64.5million, representing a 92 percent rise from its          US$33.6million target even as revenue fell 11.1 percent to US$1…