The Ministry of Energy and Green Transition has reiterated that the Electricity Company of Ghana (ECG) will not be sold, addressing concerns raised by the Public Utilities Workers’ Union (PUWU) over the selection of a transaction advisor for private sector participation (PSP).
The statement comes after the Public Utility Workers’ Union of the Trades Union Congress (PUWU-TUC), Ghana, raised alarms over what it described as a rushed government move toward PSP in ECG.
According to a press release signed by Richmond Rockson, the Ministry’s spokesperson, “Government of Ghana does not intend to, and will not, sell ECG. The approved Private Sector Participation framework is not a sale or divestiture. Rather, it involves the strategic deployment of private sector expertise through multiple concession arrangements to support and improve specific operational areas of ECG.”
The Ministry explained that Cabinet, under the leadership of President John Dramani Mahama, approved PSP in April 2025 as part of a wider reform agenda aimed at improving billing, revenue collection, service delivery, and reducing losses within the company.
While acknowledging that ECG’s performance has improved since January 2025, the Ministry noted that critical challenges remain, which could threaten the company’s financial sustainability and the stability of the power sector if not adequately addressed.
The Ministry reaffirmed its commitment to protecting workers’ interests, strengthening ECG, and ensuring a reliable, efficient, and sustainable power sector for all Ghanaians.
Source: Starrfm.com.gh
