Ghana: Energy Minister To Inaugurate Technical Committee For ECG Private Sector Participation

Ghana’s new Minister for Energy and Green Transition, John Abdulai Jinapor, will today, Friday, January 24, 2025, inaugurate a Technical Committee to develop modalities for the private sector participation in the operations of the Electricity Company of Ghana (ECG).

This approach by the Mahama administration is aimed at ensuring stakeholders’ input in the process for the optimisation of ECG’s operation.

This portal cannot confirm who will be making the list, but we recall that the Minister, during his recent vetting in Parliament, stated that the Committee’s membership would be seven people.

ECG has been identified as the major contributor to liquidity challenges in the West African nation’s power sector value chain.

The company, in the past, had been inefficient in revenue collection, resulting in huge commercial and technical losses.

Although, in recent times, there has been improvement in ECG’s revenue collection, more needs to be done to ensure the financial sustainability of the power sector.

The Mahama administration believes one of the major steps to address the issue is to allow for private sector participation in the operations of ECG to bring efficiency to the company’s revenue collection exercise.

“We believe there should be private sector participation. What we intend to do is to form a Seven-Member Committee, comprising technical experts, legal minds, financial analysts, industry players and even a consumer representative,” said John Abdulai Jinapor during his vetting before the Parliament’s Appointments Committee on Monday, January 13.

Mr Jinapor assured the nation that the government would avoid political interference in the Committee’s work.

“My target is to push for six months, but I do not want to stampede the committee. However, give or take, within this year, we should complete the framework,” he said.

https://energynewsafrica.com