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The Trades Union Congress (TUC) Public Utility Workers’ Union (PUWU) has deemed the government’s proposal to implement Private Sector Participation (PSP) in the Electricity Company of Ghana (ECG) as unjustifiable, referring to the considerable progress made through the recent turnaround initiative.
The turnaround initiative, executed from July to December 2025 in partnership with the Ministry of Energy and Green Transition, resulted in ECG’s revenue rising from GHS 900 million to GHS 1.75 billion, as reported by the Union.
This achievement illustrates the ability of public management to effectively operate the power distribution companies ECG and NEDCo without the need for private sector participation, according to the union.
During a press conference, Joshua Ansah, the Secretary General of the Trades Union Congress (TUC), announced that the enhancement signifies a 90 percent rise in revenue, facilitating prompt payments to Independent Power Producers (IPPs).
“In the 2026 Budget Statement, the Minister for Finance indicated that ECG has seen its average monthly revenue rise from GHS900 million in 2024 to GHS1.5 billion in 2025,” he noted.
The Union reiterated its position to firmly oppose any attempts by the government to privatize ECG or NEDCo.
“TUC and all its affiliates will fiercely resist any attempt by government to privatise ECG or NEDCo in whole or in part,” he stressed.
Source: Ghanatodayonline.com
