
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
-
Supreme Court at 150: Prof. Bondzi-Simpson traces evolution of Ghana’s judiciary from colonial era to constitutional democracy
10 minutes -
Gov’t has spent more on flood control under GARID in 2 years than NPP did in 5 – Atta Issah
13 minutes -
Prof. Bondzi-Simpson calls for deeper reflection on 150 years of Ghana’s judicial evolution
15 minutes -
MUSIGA sympathises with flood victims, urges Ghanaians to stay safe
26 minutes -
AMA declares one-month free refuse collection exercise in Accra
1 hour -
Mahama swears in Dr Pamela Graham as Ghana’s first female Auditor-General
1 hour -
Government launches dedicated GETFund support for learners with special educational needs
1 hour -
Dangerous US heatwave looms over 4 July holiday, World Cup and Swift wedding
1 hour -
Ghana Armed Forces to brief nation on nationwide flood mitigation exercise
1 hour -
Police arrest 24 in major anti-crime swoop in Ashanti Region
2 hours -
Ghana National Council of Metropolitan Chicago launches GhanaFest® 2026 with historic first-ever Ghana flag-raising ceremony
2 hours -
Public health officers push for face masks and handwashing amid post-flood risks
2 hours -
USTED, KNUST Host SFA Foundation team for NEPS Youth Mental Health Project review
2 hours -
De-emphasise “MahamaCares” nickname of Ghana Medical Trust Fund to avoid politicisation – National House of Chiefs
2 hours -
Ghana must consider evacuation policy for citizens in distress abroad — Jinapor
2 hours