{"id":6950,"date":"2022-06-30T16:32:51","date_gmt":"2022-06-30T16:32:51","guid":{"rendered":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/karpowership-to-shut-down-operations-if-government-fails-to-pay-debts"},"modified":"2022-06-30T16:32:51","modified_gmt":"2022-06-30T16:32:51","slug":"karpowership-to-shut-down-operations-if-government-fails-to-pay-debts","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/karpowership-to-shut-down-operations-if-government-fails-to-pay-debts","title":{"rendered":"Karpowership To Shut Down Operations If Government Fails to Pay Debts"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Sierra-Leone. <\/strong><\/span>Karpowership Sierra Leone from the Karandeniz Group has today, Thursday 30 June 2021 issued a press release stating that they will shut down operations in Sierra Leone if the government fails to pay the huge debts they owe them.<\/p>\n<p><a name=\"aswift_2_expand\"><\/a>Karpowership states in the press release that they will ceased operations operations in Sierra Leone on 5th July 2022, if they don not receive their payment.<\/p>\n<p><a name=\"aswift_5_expand\"><\/a>\u201cWith the hopes of receiving our overdue payment we are writing you as part of our goodwill and our relationship based on trust that we cannot continue our operations further than 5th of July, 2022 unless we receive the outstanding invoices,\u201d Karpowership stated.<\/p>\n<p><a name=\"aswift_6_expand\"><\/a>\u201cWe have mentioned this in our letter in reference (A) above, whereby we issued a notice of default. This gives us a contractual right to suspend electricity generation as of 22 June 2022 which was two days ago. We did not suspend electricity then, with the hopes of receiving our overdue payments Today, we are writing you as part of our goodwill and our relationship based on trust, that we cannot continue our operations further than 5th of July unless we receive the outstanding invoices,\u201d Karpowership states.They further state that, \u201cIf by the 5th of July 2022 we do not receive the above-mentioned amount, we regret to inform you that we shall be unable to generate and supply electricity due to the inability to supply crucial components and parts for the Powership including lube oil and spare parts-which are mandatory to have safe and reliable operations.\u201d<\/p>\n<p>\u201cWe hope to receive the payment prior to that date, so that we can continue operations. But if we will have to shut down on 5th of July, then we will continue immediately after receiving the overdue amount.\u201d<\/p>\n<p><a name=\"aswift_7_expand\"><\/a>Karpowership concludes the press release by inviting the government to a meeting in order to hold fruitful discussions for the benefit of all Parties.It was reported last week that the Government of Sierra Leone owes Karpowership $36 Million since the end of 2021, and that was the reason for the intermittent power outages in some parts of the country for some period of time now.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/sierra-leone\">Sierra-Leone<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Sierra-Leone. Karpowership Sierra Leone from the Karandeniz Group has today, Thursday 30 June 2021 issued a press release stating that they will shut down operations in Sierra Leone if the government fails to pay the huge debts they owe them. Karpowership states in the press release that they will ceased operations operations in [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":6949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,12],"tags":[291,293,292],"class_list":["post-6950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","tag-africa-press","tag-africa-press-sierra-leone","tag-sierra-leone"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Karpowership To Shut Down Operations If Government Fails to Pay Debts - Sierra Leone<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/karpowership-to-shut-down-operations-if-government-fails-to-pay-debts\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Karpowership To Shut Down Operations If Government Fails to Pay Debts\" \/>\n<meta property=\"og:description\" content=\"Africa-Press &#8211; Sierra-Leone. Karpowership Sierra Leone from the Karandeniz Group has today, Thursday 30 June 2021 issued a press release stating that they will shut down operations in Sierra Leone if the government fails to pay the huge debts they owe them. 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