The Acting Managing Director of the Electricity Company of Ghana (ECG), Julius Kwame Kpekpena, has disclosed that the company has successfully retrieved more than 1,000 containers that went missing earlier this year.
He revealed this while briefing members of the Parliamentary Committee on Energy during a monitoring visit on the company’s operations and reforms.
“We have started moving the containers from the ports, and I am happy to report that over 1,000 have already been retrieved. This is part of our effort to restore accountability and clean up the system,” Mr. Kpekpena said.
The Acting MD further noted that ECG has cancelled more than 200 contracts as part of measures to restore financial discipline and reduce wastage.
“Immediately after we assumed office, we realized a number of contracts were not in the best interest of the company. We have since cancelled over 200 of them, and we will continue to tighten procurement processes,” he told the committee.
Mr. Kpekpena emphasized that the reforms are already yielding results. He pointed to July 2025 as a landmark period when ECG recorded its highest-ever monthly revenue of GHS 1.74 billion.
“That collection was a record worth celebrating. It shows that the changes we are making internally from billing to revenue collection are beginning to bear fruit,” he stressed.
On expenditure, he noted that ECG has drastically cut costs within the past five months.
“We have reduced administrative expenses from GHS 279 million last year to GHS 169 million this year. Overall, spending has come down from GHS 110 million to GHS 77 million in the first half of 2025. For the first time in many years, ECG is spending far below budget,” he said.
According to Mr. Kpekpena, ECG is determined to improve transparency and restore public confidence in the utility. He said illegal meters continue to be a major source of losses, and ECG is aggressively replacing them with certified meters.
“It is important for us to remove illegal meters and replace them with ECG-approved meters. Otherwise, our losses will continue to grow,” he cautioned.
He also acknowledged challenges with customer service, particularly delays in meter provision and new connections. “We know there are still frustrations in some districts, but we are fixing our internal processes to make service delivery smoother. We want customers to feel the change,” he assured.
Mr. Kpekpena concluded by stressing ECG’s commitment to sustaining reforms.
“With the support of the board, the Ministry of Energy, and the Presidency, we are determined to deliver sustainable and reliable power supply to Ghanaians. We have tightened our belt, restored operational ability, and put measures in place to curb excesses. This is only the beginning.”
Source: Starrfm.com.gh
