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ECG not for sale; PSP plan is not sell-off– Energy Ministry assures PUWU

ECG not for sale; PSP plan is not sell-off– Energy Ministry assures PUWU
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By Ashiadey Dotse

The Ministry of Energy and Green Transition has assured workers that the Electricity Company of Ghana (ECG) is not for sale, despite plans to involve the private sector in some of the company’s operations.

The assurance follows concerns raised by the Public Utilities Workers’ Union (PUWU) over the selection of a transaction adviser for the Private Sector Participation (PSP) programme at ECG.

In a statement, the Ministry said the Cabinet, chaired by President John Dramani Mahama, approved the PSP arrangement in April 2025 as part of broader reforms aimed at improving ECG’s performance. The reforms are intended to strengthen billing and revenue collection, enhance service delivery, and reduce technical and commercial losses.

The Ministry acknowledged that ECG has recorded some improvements since January 2025 but said the company continues to face significant operational and financial challenges that could threaten its future and the stability of Ghana’s power sector if left unresolved.

It stressed that the government has no intention of selling ECG. According to the Ministry, the PSP framework does not amount to divestiture but is designed to introduce private sector expertise through concession arrangements to support specific operational areas.

The Ministry further explained that the appointment of a transaction adviser is a technical and procedural step needed to properly design the PSP framework and does not signal a sale of the company.

The Energy Ministry said it remains committed to open and constructive engagement with PUWU and urged calm as discussions continue. It also reaffirmed the government’s commitment to protecting workers’ interests, strengthening ECG and ensuring a reliable, efficient and sustainable power supply for all Ghanaians.

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