The Ministry of Energy and Green Transition has reaffirmed that the Government of Ghana has no intention of selling the Electricity Company of Ghana (ECG). This statement comes in response to recent concerns following the announcement of the Private Sector Participation (PSP) framework for ECG.
In a release issued on Tuesday, December 30, the Ministry clarified that the PSP framework is intended solely to improve the utility's operations, and not to privatize or divest the state-owned company.
“The Ministry emphasizes, without any ambiguity, that the Government of Ghana does not intend to, and will not, sell ECG. The approved Private Sector Participation framework is not a sale or divestiture,” the statement read.
The Ministry further explained that the framework involves leveraging private sector expertise through multiple concession arrangements to strengthen specific operational areas of ECG. This, they stated, will support ECG in enhancing its overall efficiency and service delivery.
The recent appointment of a transaction advisor, which has raised some concerns, was clarified as a procedural step in the development of the PSP framework. The Ministry emphasized that selecting a transaction advisor is a standard technical measure aimed at structuring the framework effectively and does not imply any intention to sell the company.
“Government remains committed to protecting the interests of ECG workers, strengthening the company, and ensuring a reliable, efficient, and sustainable power sector for all Ghanaians,” the Ministry concluded.
The clarification follows symbolic protests staged by ECG workers across the country on December 29, 2025. The workers expressed concerns that the PSP framework could jeopardize the future of the utility, despite the government's reassurances.
The Ministry’s statement aims to address these concerns and underscore the government's commitment to enhancing ECG's operations, rather than transferring ownership.
Source: MyNewsGh.com
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