Audio By Carbonatix
The Ministry of Energy and Green Transition has clarified that the ongoing process to select a Transactional Advisor for Private Sector Participation (PSP) in the Electricity Company of Ghana (ECG) does not amount to the sale of the state-owned power distributor.
The clarification follows a press release and protest actions by the Public Utilities Workers’ Union (PUWU) over concerns surrounding the reform initiative.
In a press statement signed by the Ministry’s Spokesperson and Head of Communication, Richmond Rockson, Esq., the Ministry explained that Cabinet, under the leadership of President John Dramani Mahama, approved PSP in ECG in April 2025 as part of a broader reform agenda.
According to the Ministry, the objective is to improve billing and revenue collection, enhance service delivery, and reduce aggregate technical and commercial losses within the company.
“While there has been significant improvement in ECG’s overall performance since January 2025, critical challenges still persist,” the Ministry noted, warning that these challenges could threaten the company’s financial sustainability and the stability of the power sector if left unresolved.
The statement stressed that government intervention is aimed at strengthening ECG, not weakening it.
The Ministry was emphatic that government has no intention of selling ECG.
“The approved Private Sector Participation framework is not a sale or divestiture,” the statement said, adding that the approach involves “the strategic deployment of private sector expertise through multiple concession arrangements to support and improve specific operational areas of ECG.”
It further assured workers of continued engagement, noting that the Ministry, under the leadership of the Minister for Energy and Green Transition, Dr John Abdulai Jinapor (MP), has maintained open and constructive dialogue with PUWU.
Calling for calm and restraint, the Ministry said the selection of a transaction advisor is merely a technical and procedural step, reiterating government’s commitment to protecting workers’ interests and ensuring a reliable, efficient, and sustainable power sector for all Ghanaians.
Latest Stories
-
PMI Global Summit Series heads to Cape Town
24 minutes -
NIHR Symposium 2026: Researchers meet in Ghana for sustainable solutions as NCDs surge worldwide
26 minutes -
No drums, no loudspeakers, no funerals from May 4 as AMA announces noise-making ban
2 hours -
[Video] Singer Paul Okoye of P-Square falls off stage during performance in Australia
2 hours -
‘Why your papa no hustle’ – Davido blasts T-Dot for calling him daddy’s boy
2 hours -
Many musicians far more talented than me but not heard – Asake
2 hours -
Trump pulls Surgeon General pick after nomination stalls
2 hours -
Apple hails ‘extraordinary’ iPhone demand as boss Tim Cook heads out
2 hours -
US judge rejects Trump administration’s halt on immigration applications
2 hours -
Amnesty urges Nigeria to investigate deaths in army-run camp, military says report baseless
3 hours -
Cocoa buyers divert funds to purchase smuggled beans, COCOBOD says
3 hours -
Myanmar ex-leader Aung San Suu Kyi moved to house arrest, military says
3 hours -
Violence in Australian town after arrest of man over girl’s murder
3 hours -
King arrives in Bermuda after ending US trip with visit to small town America
3 hours -
Trainee driver crashes bus into River Seine
3 hours