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
-
GES to release 2025 teacher promotion exam results
25 seconds -
Agbodza urges national support for ‘Big Push’ road programme, dismisses political claims
3 minutes -
Philippine Senate in lockdown after gunshots fired
4 minutes -
President Mahama announces $300m SHS upgrade programme, targets end of double-track by 2027
4 minutes -
Weija plant technical fault disrupts water supply in parts of Western Accra
5 minutes -
Agbodza defends Accra-Kumasi expressway timeline, urges stakeholders to engage Ministry
7 minutes -
NSA dismisses claims of food rationing at African Athletics Championships
12 minutes -
Ghana targets 70% 5G population coverage by March 6, 2027
12 minutes -
Defilement suspect found hanging in Police custody at Agyei Krom in Central Region
15 minutes -
NUGS commends government on committee to address rising hostel fees
20 minutes -
Asante Akyem North MP’s arrest abroad shows international agencies distrusted Ghanaian authorities – Amanda Clinton
26 minutes -
Annoh-Dompreh’s open letter to Mahama calling for executive intervention on energy sector, cocoa farmers’ plight, food security
28 minutes -
President Mahama unveils PET scan facility at Swedish Ghana Medical Centre
37 minutes -
Man Utd chiefs to recommend Carrick for permanent job
38 minutes -
Amangoase farmers seeks funds to end years of darkness through electrification project
40 minutes