Audio By Carbonatix
Power Distribution Services (PDS) Ghana Ltd has secured its business operating license to aid the takeover of the Electricity Company of Ghana (ECG).
This would help PDS Ghana have the legal mandate to directly run operations at the ECG.
At an official ceremony in Accra, the Executive Secretary of the Energy Commission Dr Ofosu Ahenkorah presented the various licenses to officials of PDS Ghana as well as ECG.
Government’s expectations
Speaking at the Program, Senior Minister Yaw Osafo Marfo charged the new managers of ECG to justify the management takeover of ECG, adding that “with the right level of investments, ECG’s high revenue losses can be reduced”
Finance Minister Ken Ofori Atta on his part noted that the government took the decision to allow private participation in the Electricity Company of Ghana because they wanted to help transform the operations of the power distribution firm.
He noted that the government is hopeful they would be able to live up to expectation.
US Ambassador to Ghana, Stephanie Sullivan was optimistic the new management deal would help to create more jobs in the economy.
Government’s expectations
Speaking at the Program, Senior Minister Yaw Osafo Marfo charged the new managers of ECG to justify the management takeover of ECG, adding that “with the right level of investments, ECG’s high revenue losses can be reduced”
Finance Minister Ken Ofori Atta on his part noted that the government took the decision to allow private participation in the Electricity Company of Ghana because they wanted to help transform the operations of the power distribution firm.
He noted that the government is hopeful they would be able to live up to expectation.
US Ambassador to Ghana, Stephanie Sullivan was optimistic the new management deal would help to create more jobs in the economy.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
GH¢2 diesel price cut offers little relief to Ghanaians – Miracles Aboagye
34 minutes -
Sedina Tamakloe remains in prison despite acquittal – Felix Kwakye Ofosu
40 minutes -
Today’s front pages: Wednesday, August 5, 2026
44 minutes -
Mother of two sentenced to life imprisonment for murdering husband with broken bottle
47 minutes -
TRUST: The Currency of Ghana’s Digital Economy
1 hour -
Ghana to meet its debt anchor by 2034 – IMF
1 hour -
‘Democracy must mean freedom without fear and persecution’ – Bawumia cites UGCC ideals on Founding Day
2 hours -
Youth unemployment in Ghana stubbornly high at around 30% – IMF
2 hours -
New legal framework to enhance more efficient, investor-friendly services in Ghana – GIPA CEO
2 hours -
Ghana makes impressive progress toward macroeconomic stabilisation, debt sustainability, but vulnerabilities remain – IMF
2 hours -
Access Bank and Mantrac Ghana seal financing partnership to power construction and mining companies
2 hours -
NDC to resolve branch election challenges before constituency polls – Asiedu Nketia
2 hours -
NDC Chairman pushes back on spending criticism, says gov’t will pay for work done
2 hours -
Yes, we get it, but really?
3 hours -
Association of Private schools accuse WAEC of ‘serious discrepancies’ in 2026 BECE grades
3 hours