The Ministry of Energy and Green Transition has addressed the concerns raised by the Public Utilities Workers’ Union (PUWU) regarding the appointment of a Transaction Advisor for the Private Sector Participation (PSP) in the Electricity Company of Ghana (ECG).
In a press release, the Ministry clarified that the Cabinet, under President John Dramani Mahama, sanctioned Private Sector Participation in ECG in April 2025. This was part of a comprehensive reform agenda. The goal was to enhance billing and revenue collection, improve service delivery, and minimize aggregate technical and commercial losses within the company.
The Ministry acknowledged notable improvements in ECG’s overall performance since January 2025. However, it noted that significant operational and financial challenges persist. According to the Ministry, these challenges continue to threaten the company’s financial viability and the stability of Ghana’s power sector if not adequately addressed.
The Ministry emphasized that the “Government of Ghana does not intend to, and will not, sell ECG.” The approved PSP framework, according to the Ministry, is not a divestiture. Rather, it entails the strategic utilization of private sector expertise through various concession arrangements to enhance and support specific operational areas of the company.
The Ministry reiterated its commitment to fostering open and constructive dialogue with PUWU to resolve the Union’s concerns. It called for calm and restraint while discussions proceed in good faith. The Ministry clarified that the selection of a transaction advisor is solely a technical and procedural measure to structure the PSP framework and does not indicate an outright sale of ECG.
It reaffirmed the government’s commitment to safeguarding workers’ interests, fortifying ECG, and ensuring a reliable, efficient, and sustainable power sector for all Ghanaians.
