Selection of Transaction Advisor Does Not Mean ECG Sale, Energy Ministry Assures PUWU

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The Ministry of Energy and Green Transition has dismissed concerns that plans to appoint a transaction advisor for Private Sector Participation (PSP) in power distribution signal an impending sale of the Electricity Company of Ghana (ECG).

Responding to protests by the Public Utilities Workers’ Union (PUWU), the Ministry made it clear that government has no intention of divesting ECG or selling the state-owned power distributor.

In a statement issued by the Ministry’s Spokesperson and Head of Communication, Richmond Rockson Esq., the Ministry stressed that Cabinet’s approval for private sector participation does not amount to divestiture. Rather, it is a strategy to bring in private sector expertise through carefully structured concession arrangements to support and improve specific operational areas of ECG.

The clarification follows actions by PUWU members, who hoisted red flags at ECG offices nationwide to protest the government’s plan to involve the private sector in ECG’s operations. The union argues that the move is unnecessary, citing improvements in revenue collection and progress in meeting key performance indicators agreed with the Ministry.

While acknowledging these improvements, Mr. Rockson noted that serious challenges remain.

“The Ministry recognises the significant gains made by ECG since January 2025. However, critical issues persist and continue to threaten the company’s financial sustainability and the overall stability of the power sector if left unaddressed,” he said.

He emphasized that the PSP initiative is aimed at tackling these lingering challenges to ensure a stronger and more efficient ECG, not to weaken or sell it off.

According to the Ministry, engagement with PUWU and other stakeholders has been consistent and ongoing under the leadership of the Minister for Energy and Green Transition, Hon. Dr. John Abdulai Jinapor, MP. The Ministry says it remains committed to dialogue and collaboration to address the concerns of workers.

Mr. Rockson called on all parties to remain calm as discussions continue, stressing that the appointment of a transaction advisor is purely a technical and procedural step.

“The selection of a transaction advisor is meant to properly structure the PSP framework. It does not in any way imply or constitute an outright sale of ECG,” the statement said.

The Ministry reaffirmed government’s commitment to protecting workers’ interests, strengthening ECG, and delivering a reliable, efficient, and sustainable power supply for Ghanaians.

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