The Ministry of Energy and Green Transition has addressed concerns raised by the Public Utilities Workers’ Union (PUWU) over the selection of a Transaction Advisor for the Private Sector Participation (PSP) programme at the Electricity Company of Ghana (ECG).
In a statement, the Ministry said Cabinet, led by President John Dramani Mahama, approved the PSP initiative in April 2025 as part of wider reforms to improve billing and revenue mobilisation, enhance service delivery, and cut aggregate technical and commercial losses at ECG.
The Ministry acknowledged that ECG has recorded notable performance gains since January 2025 but maintained that lingering operational and financial challenges still pose risks to the company’s long-term viability and the stability of the power sector if left unresolved.
It emphasised that “Government of Ghana does not intend to, and will not, sell ECG.” According to the Ministry, the approved PSP model is not a divestiture but a framework that deploys private sector expertise through multiple concession arrangements to strengthen specific operational areas of the utility.
The Ministry also reaffirmed its commitment to sustained and constructive engagement with PUWU, urging calm and restraint as discussions continue in good faith.
It clarified that appointing a transaction advisor is a technical and procedural requirement to properly structure the PSP and does not signal an outright sale of ECG.
Government, the statement added, remains committed to safeguarding workers’ interests, strengthening ECG’s operations, and delivering a reliable, efficient and sustainable power supply for all Ghanaians.
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