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The President, H.E John has clarified its position on the future of the Electricity Company of Ghana (ECG), stating firmly that ECG is not being sold. It will remain a state-owned institution.
However, a major change is coming: private companies will now be contracted to manage the ‘selling of power’ and ‘collection of payments’.
These private firms will operate under strict Key Performance Indicators (KPIs), according to the Minister of Energy, John Jinapor.
Being that, if the contracted company fails to meet agreed targets—particularly in terms of revenue and operational efficiency—it will be replaced.
This model is designed to improve financial performance and service delivery without losing state control over ECG’s assets or core functions.
Energy Minister John Jinapor explained that this approach is a more practical solution given the current challenges facing ECG.
He emphasized that while private companies will handle the commercial aspects, the government will remain in control of pricing.
“Pricing will be determined by the government, not the private company hired,” the Minister stated.
By Ruth Sekyi
