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 2027 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.
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Source: www.myjoyonline.com