Audio By Carbonatix
Deputy Minister for Energy and Green Transition Richard Gyan-Mensah highlighted Ghana’s energy sector reforms during a side event organised by Energy for Growth Hub at a high-level panel during the Open Government Partnership (OGP) Global Summit in Spain.
Mr. Gyan-Mensah served as a panelist at a side event titled: “Transparent Contracts for Climate and Growth: Making Power Deals Public.”
The event brought together global leaders, policymakers, civil society actors, and energy experts to explore how transparency in clean energy contracting can support climate goals while driving sustainable economic development.
Ghana’s leadership in transparent power procurement
In his remarks, the Deputy Minister shared Ghana’s recent strides toward greater transparency in the energy sector, including the Energy Commission (Planning and Competitive Procurement of Additional Electricity Generation Capacity) Regulations, 2025 (L.I. 2508), which mandates that all new power generation projects be procured through competitive bidding.

“L.I. 2508 marks a significant turning point in our power sector governance. It ensures transparency, enhances value for money, and strengthens public confidence in our power purchase agreements. Transparent, well-structured power transactions are key to unlocking affordable and reliable electricity for all.”
Civil Society at the forefront of reform
Mr Gyan-Mensah also highlighted Ghana’s unique approach to restructuring legacy Power Purchase Agreements (PPAs).
He noted that the government’s renegotiation team was chaired by a seasoned civil society leader, in a move designed to reinforce accountability and public interest in the process.

“Having a respected civil society leader lead the PPA renegotiation process signaled our seriousness about transparency and fairness. It was not just a government exercise, it was a national one. The renegotiations have already led to improved contract terms and are expected to reduce the long-term costs of electricity generation”, he stated.
He called on global partners to support reforming countries like Ghana with the tools, financing, and technical assistance needed to sustain transparency and climate action.
Global recognition at the OGP Summit
Ghana’s contributions were well-received, with international participants praising the country’s leadership in energy sector reform and contract disclosure.

The event was part of the 2025 Open Government Partnership (OGP) Global Summit, a major international gathering focused on promoting transparency, accountability, and citizen participation in governance.
Latest Stories
-
IMF warns Ghana of elevated financing needs due to large rollover of T-bills in 2027-28
37 seconds -
Illegal mining is threatening Ghana’s food security, not just environment — Ghanaian Farmer CEO
13 minutes -
Delayed construction projects creating air pollution and health risks for people across the country
14 minutes -
Bui Power Authority records US$66.2m profit as solar expansion boosts 2025 performance
19 minutes -
Who is Kenneth Gilbert Adjei? The former Deputy Defence Minister returning to lead Ghana’s Defence Ministry
19 minutes -
From stabilisation to sustainability: building a resilient and inclusive financial sector for Ghana — the role of ICDFA
35 minutes -
IMF upgrades Ghana to moderate risk of debt distress
38 minutes -
Saudi Arabia, Turkey and Pakistan sign defence pact
1 hour -
Vice President bids farewell to outgoing Brazilian Ambassador, reaffirms Ghana-Brazil partnership
1 hour -
Losing the next generation? Ghana cannot afford to ignore youth substance abuse
1 hour -
Nalerigu SHS ends Bunkpurugu’s reign to return to NSMQ after three years
1 hour -
Standard Chartered declares GH¢673m dividend at 56th Annual General Meeting
1 hour -
GenCED condemns Afenyo-Markin’s treatment of Nana Yaa Jantuah during NPP petition presentation
1 hour -
James Agalga tipped to replace Mahama Ayariga as NDC Majority Leader
1 hour -
NSMQ 2026: The battle for academic supremacy begins as 157 schools prepare for national glory
2 hours