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The Ministry of Energy and Green Transition has guaranteed employees that the Electricity Company of Ghana (ECG) is not for sale, though there are intentions to incorporate the private sector into specific operations of the company.
The guarantee comes in response to worries expressed by the Public Utilities Workers’ Union (PUWU) about the choice of a transaction adviser for the Private Sector Participation (PSP) initiative at ECG.
In a statement, the Ministry indicated that the Cabinet, led by President John Dramani Mahama, endorsed the PSP arrangement in April 2025 as a component of wider reforms intended to enhance ECG’s performance. The reforms aim to improve revenue collection and billing, boost service delivery, and minimize technical and commercial losses.
The Ministry recognized that ECG has made some progress since January 2025, but stated that the company still encounters considerable operational and financial difficulties that could jeopardize its future and the stability of Ghana’s power sector if not addressed.
It emphasized that the government has no plans to sell ECG. The Ministry states that the PSP framework is not a form of divestiture but aims to incorporate private sector expertise via concession agreements to assist with particular operational aspects.
The Ministry also clarified that selecting a transaction adviser is a technical and procedural measure essential for effectively crafting the PSP framework and does not indicate a company sale.
The Energy Ministry stated it is dedicated to open and constructive dialogue with PUWU and called for calm while discussions proceed. It further reaffirmed the government’s dedication to safeguarding workers’ rights, enhancing ECG, and guaranteeing a dependable, efficient, and sustainable power supply for every Ghanaian.
Read the details from the statement below:
Source: Ghanatodayonline.com
